Scottish Government
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Farm rents rise six per cent

An Official Statistics Publication for Scotland.

The average cost of renting agricultural land has risen six per cent since last year, new figures show.

Scotland's Chief Statistician today released the latest figures on Tenanted Agricultural Land in Scotland.

Average rent for land was £38 per hectare in 2014/15 compared to £36 per hectare the previous year. The increase was driven by rent prices for poorer-quality Less Favoured Area (LFA) land, which were up ten per cent from £23 to £25 per hectare. The average rent of other land rose by just one per cent from £123 to £125 per hectare.

Rents were highest in Fife and the Lothians, with three quarters paying over £60 per hectare. They were lowest in Shetland and Eileanan an Iar, where nearly all rents reported were less than £6.50 per hectare.

Analysis of the results of the Farm Accounts Survey suggest that there is no clear link between profitability and whether a farm is wholly owned or wholly rented.

The figures released today were produced by independent statistical staff, free from any political interference, in accordance with professional standards set out in the Code of Practice for Official Statistics.

Notes To Editors

The full statistical publications can be accessed at: http://www.gov.scot/Publications/2015/04/2935

These statistics are used by government and stakeholders to monitor and assess the economic well-being of the agricultural sector and for policy evaluation, and as part of calculations of the total net income from farming as part of the National Accounts.

Further information on Agriculture and Fisheries statistics within Scotland can be accessed at: http://www.scotland.gov.uk/Topics/Statistics/Browse/Agriculture-Fisheries

More information on the standards of official statistics in Scotland can be accessed at: www.scotland.gov.uk/Topics/Statistics/About

 

Channel website: http://www.gov.scot/

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