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Agricultural income increased in 2020

by alex

In cattle and pig production, there were sales problems and price declines due to the corona.

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After declines in 2018 and 2019, agricultural incomes rose in the corona crisis. According to estimates, agricultural incomes in Austria rose by 5.4 percent in real terms in 2020, “said Statistics Austria Director General Tobias Thomas in a broadcast on Wednesday.

Above all, plant production contributed to the production value plus, while cattle and pig production had corona-related sales problems and price declines.

According to the second forecast by Statistics Austria as part of the overall agricultural accounts (LGR), the average agricultural income per worker increased in real terms by 5.4 percent compared to the previous year, after a decline of 5.8 percent in 2019.

According to the preliminary calculation by Statistics Austria, the output value in Austrian agriculture rose to around 7.7 billion euros in 2020 (+3.2 percent). The public funds taken into account in the income calculation amounted to around 1.5 billion euros (+0.3 percent) and the expenditures for intermediate consumption, depreciation and other production taxes were around 6.6 billion euros (+1.9 percent). estimated.

Agricultural factor income increased by 4.9 percent compared to 2019 to around 2.6 billion euros. The increase in income per worker was higher than for the agricultural sector as a whole, write the statisticians because of the ongoing structural change.

Growth in plants

According to current estimates, increases in the value of grain, fruit and fodder plants and a higher plant production volume in the corona year 2020 caused the plant production value to increase by 7.6 percent to around 3.4 billion euros. According to preliminary calculations and estimates by Statistics Austria, producer prices for plant-based products increased by an average of 2.8 percent.

The price development turned out to be quite different depending on the product group, with higher prices especially for fresh fruit and high price drops for potatoes.

The value of animal production in 2020 was around 3.6 billion euros (-0.6 percent). Sales problems and price drops as a result of the corona pandemic have led to a significant decline in the production value of cattle and losses in pig production, according to statisticians. In terms of value, however, there was a slightly positive development in milk production due to higher prices.

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