|EAA – Ekonomisk kalkyl för jordbrukssektorn|
JO 45 SM 1701
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The value of agricultural output 2016 is expected to decrease by 2 % compared with 2015. The value of crop output is expected to decrease by 7 % and animal output is expected to increase by 2 %.
Total harvest of cereals is expected to be about 5.4 million metric tonnes in 2016, a decrease by 12 % compared with 2015. Output prices of cereals are expected to increase slightly for the crop year 2016/2017 compared with 2015/2016. In total, the value of cereal production is expected to decrease by 11 % compared with the previous harvest year.
Total harvest of rape and turnip rape is expected to decrease by 25 % compared with 2015. Even though prices are expected to increase during the crop year 2016/2017, the total production value of oilseeds is estimated to decrease by 21 %.
The slaughter of cattle and pigs is expected to decrease slightly during 2016. At the same time, prices are expected to increase. As a consequence, the value of cattle and pigs is expected to increase by 10 and 6 % respectively.
The value of milk production is expected to decrease by almost 6 % during 2016. This is explained by a decrease in prices by slightly more than 3 % combined with a decrease in production.
The output of the agricultural industry at basic prices is expected to decrease by 2 % in 2016 compared with 2015. At the same time, the value of total intermediate consumption is expected to decrease by almost 2.5 %.
Factor income is calculated as the sum of the production value and subsidies less expenses of intermediate consumption and fixed capital consumption. Factor income is expected to remain almost unchanged during 2016 due to increased subsidies on production. Net entrepreneurial income is also expected to remain almost unchanged in 2016.