From Scottish farm business income: annual estimates 2024-2025 last updated 21 April 2026, the above and: Average farm incomes rose in 2024-25, after experiencing some sharp declines in 2023-24. The increases are largely driven by higher livestock prices. Average farm income is around £58,800 in 2024-25. This is an increase of 30% (£13,400) from the previous year’s income of £45,400, which was the lowest income since 2019-20, after adjusting for inflation. The average farm made a profit of £500 from agricultural activity in 2024-25. Agricultural profit (agricultural output minus costs) is rarely seen for the average farm. This last happened … Continue reading Farm income surges contrary to Tory gentleman farmer, Tim Eagle’s gloomy assessment