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This release presents an annual forecast for Total Income from Farming for the United Kingdom. This is an early forecast produced to meet a requirement by the European Commission before all data for the calendar year is available. It is subject to a degree of forecasting and estimation and as a result cannot be produced with the same statistical reliability as later estimates which are to be published here in April (first estimate) and December (second estimate).
Total Income from Farming is the total profit from all UK farming businesses on a calendar year basis. It measures the return to all entrepreneurs for their management, labour and capital invested.