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Luxembourgs farming sector consolidates

08 June 1999
Luxembourgs farming sector consolidates

LUXEMBOURGS farming sector has been consolidating, reports the Financial Times in a wide-ranging review of the European state.

Statec, the states statistical service, says the number of farms of 2ha (4.9 acres) or more fell from 4,366 in 1980 to 2,579 in 1996. At the same time, the area of the average farm increased from 29.6ha (73.1 acres) to 49ha (121 acres).

The newspaper reports farming profitability is poor with farmers average income achieving only 48% of the national average.

Of the total arable area, three-quarters is cultivated. But more than half is used for livestock. The acreage used for cereal production has fallen by almost one-third. Meanwhile, the amount of land used for forage crops has almost doubled to 20.6%.

  • Financial Times 08/06/99 page 37

    Read more on:
  • News

Luxembourgs farming sector consolidates

08 June 1999
Luxembourgs farming sector consolidates

LUXEMBOURGS farming sector has been consolidating, reports the Financial Times in a wide-ranging review of the European state.

Statec, the states statistical service, says the number of farms of 2ha (4.9 acres) or more fell from 4,366 in 1980 to 2,579 in 1976. At the same time, the area of the average farm increased from 29.6ha (73.1 acres) to 49ha (121 acres).

The newspaper reports farming profitability is poor with farmers average income achieving only 48% of the national average.

Of the total arable area, three-quarters is cultivated. But more than half is used for livestock. The acreage used for cereal production has fallen by almost one-third. Meanwhile, the amount of land used for forage crops has almost doubled to 20.6%.

  • Financial Times 08/06/99 page 37

    Read more on:
  • News
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