Income situation of German farmers: Financial expert analyzes massive differences in income

Income situation of German farmers: Financial expert analyzes massive differences in income

According to a report by www.n-tv.de, it shows that the income of German farmers is difficult to quantify due to strong fluctuations. Profits can vary greatly and there are large differences in income opportunities depending on the size of the business, the type of business and regional conditions.

The Ministry of Agriculture calculates agricultural income based on 8,000 representatively selected companies. The average gross annual income in a full-time business for the financial years 2019/20 to 2021/22 was 46,000 euros per unpaid worker. There are extreme differences depending on size and product, with arable farming being significantly more lucrative on average than other agricultural products.

It also shows that the wages of employees in agriculture are low compared to other professions. Employees earn comparatively low wages, with the wages of both unskilled and skilled workers being significantly lower than the average wages of full-time employees.

Overall, it can be said that the income situation in agriculture fluctuates greatly due to various factors, such as the size of the business, the type of business, regional conditions and additional sources of income. This may lead to great uncertainty for farmers and potentially impact the financial sector, particularly in relation to credit and investment in agriculture.