|EAA – ekonomisk kalkyl för jordbrukssektorn|
JO 45 SM 1103
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Economic Accounts for Agriculture – first estimates for 2011
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The value of agricultural output is expected to increase by 2.5 % in 2011 compared with 2010. Crop output is expected to increase by slightly more than 1 %, while animal output is expected to increase by slightly more than 3 %.
The total harvest of cereals is expected to be about 4.7 million metric tonnes in 2011. This is 9 % more than the harvest 2010 and about the same level as the average of the last five years. This can be explained by higher yields for some crops and an increase in the cultivated area 2011 compared with 2010. The output prices of cereals are expected to decrease by about 4 % for the crop year 2011.
The total harvest of rape and turnip rape in 2011 is expected to be at the same level as for 2010. The cultivated area though, decreased by 9 % in 2011 compared with 2010 and the prices are expected to be at the same level as for the crop year 2010.
The slaughtering of cattle is expected to decrease by 2 % during 2011. At the same time prices are expected to increase by 5 %. The slaughtering of pigs is also expected to decrease by 2 %, but in the case of pigs the prices are expected to decrease by 11 % compared with 2010.
The quantity of milk delivered to wholesalers is expected to decrease by about 1 % in 2011. The price of milk is expected to increase by roughly 7 % in 2011.
The value of the output of the agricultural industry at basic prices is expected to increase by 2.5 % in 2011 compared with 2010. Cereals, forage plants and milk are examples of areas where an increase is expected, while potatoes and animals are areas where a decrease is expected.
Despite the increase in the value of the output of the agricultural industry, the net value added is expected to decrease about 8 % due to higher costs. At the same time the payments of subsidies are expected to increase and thereby reduce the decrease in net operating surplus and the factor income to about - 1 %.
The factor income is calculated as the sum of production value and direct subsides less the expenses of intermediate consumption and fixed capital consumption.