Arable Benchmarking Survey

Arable Benchmarking Survey
 
90 years of wheat production

20 June 2016, by Ian Bailey

In the year of the Queen’s 90th birthday, we take a look back.

 

Yields

■ Average wheat yields have increased almost four fold, from 2.3 tonnes per hectare in 1926 to just short of 10 tonnes per hectare in 2015, although yields have plateaued over recent years.

■ Over the past 90 years average wheat prices have fallen 84%; from £666 per tonne (in real terms) to just over £100 per tonne today.

■ The reduction in average crop incomes over the past 90 years has been more subdued at 36% due to the increasing crop yields.

■ With the exception of 2012 wheat has remained, in real terms, under £200 per tonne for the past 20 years.

CLICK ON IMAGE BELOW TO ENLARGE

GRAPH 4

90 years of wheat price, yields and output

 
Graph 4
 
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Key Contacts

Ian Bailey

Ian Bailey

Director
Rural Research

Savills Margaret Street

+44 (0) 207 299 3099

 

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