The issue of farmers’ income is at the heart of How much current discussions on agriculture. Several answers can be provided to clarify this question? depending on the angle from which we are interested.
If it is that of the capacity of agriculture? as an How much economic activity? to generate income for farmers? we must measure the economic performance of farms as businesses? based on indicators from the accounts of these farms. Thus? the current result before tax per farmer amounts to 26?800 euros on average in 2020? but it varies greatly depending on the size or specialization of the farm. It also varies greatly from one year to the next. The available balance? which must be used to pay the farmer and to invest? is 21?400 euros in 2020? with very large variabilities as well.
If we are interested in
The standard of living of farmers? we must take kuwait phone number library into account the composition of the household to which the farmer belongs (spouse and dependents) as well as all the resources of this household (agricultural profits representing on average only a third of the disposable income of agricultural households). Thus? in 2020? the median standard of living of people living in a farming household (22?800 euros) is close to that of the population as a whole (22?400 euros). However? the dispersion of income of agricultural innovations like blockchain-based item tracking households is high? more than in the population as a whole? and the poverty rate of people living in a farming household reaches 16.2%? compared to 14.4% for the population as a whole.
How much does a farmer earn?
This blog post aims to clarify what can be understood agb directory behind the ready-made formula of “farmers’ income(s)”? and to show what answers public statistics can provide.
Farmers are responsible for the day-to-day management of farms? which may be individual businesses or? increasingly? companies in the form of corporations. As farm managers or co-operators (in the case of partners)? farmers almost all work as independent contractors and are therefore business managers.