Significant increase in the income of agricultural production
According to the recent preliminary datas of the Agricultural Research Institute (AKI), the per hectare income of the individual farmers and primary producers increased by 47 percent in 2011, over the previous year, mainly due to the rise in grain prices.
The study shows that the income of food-producing farmers increases almost continuously since the EU accession, partially due to direct subsidies increasing from year to year. After the decline of 2009, income continued to grow in 2011.
The basic datas were provided by the Farm Accountancy Data Network (FADN) test system operated by the Agricultural Research Institute (AKI). (by our colleague)
Related news
Related news
KSH: in April, retail turnover exceeded the same period of the previous year by 5.0 percent and the previous month by 2.0 percent
In April 2025, the volume of retail trade turnover increased…
Read more >FAO food price index fell in May
The benchmark global food price index fell in May from…
Read more >Eurozone retail sales rise in April
Retail sales in the eurozone and the European Union increased…
Read more >