A study has found that even with all the work a farmer does, they still end up paying around £3,000 a year for the produce they produce.
Read more:The study by the Australian Sustainable Agriculture Research Centre (ASAREC) found that the average value of a vegetable grown in the UK last year was £4.65 per hectare, while a fruit and veg grown in Australia was around £8.65.
But when looking at the costs of farming in a sustainable way, the figures get even worse.
Researchers found that each farmer who has worked on a farm for at least four years would need to spend more than £1.6m on the produce it produces, compared to just £1,500 in the US.
This means the average farmer in the United Kingdom would need around £6.5m of produce to meet the costs.
As the study explains, it was a difficult and complicated task to get to this point.
“This was not a simple task, with a significant amount of work required to obtain all the necessary data on the production and quality of the crops,” the researchers write.
The research, published in the journal Agricultural Economics, says that the costs to produce the same food in a similar amount of time would be around £7.7m, which is still a lot of money to pay for a farm.
“Even if all the farmers in the country are producing the same amount of produce, it is still difficult to get a realistic cost of production for a typical farm,” the authors write.
“To ensure that the farms have a sustainable future, the costs need to be reduced by about 10 per cent per year, so that by the end of the 2040s they are all on the same footing.”
While the study didn’t look at the value of the produce grown, its findings suggest that if the average farm were to sell just one crop for every year of production, the total cost would be £12.3bn a year.
The report also said that while some of the UK farms had managed to reduce their production by half or more in the past five years, the vast majority of UK farms still produce less than half of what the average UK farmer is earning.