Cereal Prices used for Regulation of Land Rents

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Food Industries, Business Statistics
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Cereal Prices used for Regulation of Land Rents 2023

The purpose of the statistics is to show the development of the farm gate prices (basic prices) for wheat and barley. Farm gate prices are used for example for regulating rents of agricultural land in tenancy and have existed since the beginning of the 17th century. For the period 1910-1970 the prices were calculated for dioceses (church districts under the jurisdiction of a bishop). In the years 1937-1953 only prices for the diocese of Zealand were calculated. In its present form the statistics have been comparable since 1985 with figures for eight different geographic areas.

Statistical presentation

The statistics are a yearly calculation of farm gate prices for barley and wheat defined as basic prices. The figures are calculated for eight regions. Due to the structural reform in 2007 the names of the regions have been revised but are otherwise unchanged.

The eight districts are described in the manual to the law on cereal prices called kapitelstakster. Go to http://www.retsinfo.dk and search for number 10053 of the 24th of November 2006 (24/11/2006), also termed vejledning om opgørelse af kapitelstakster.

Statistical processing

Basic prices for wheat and barley are calculated based on yearly reports from traders of cereals on bought quantities and values of wheat and barley in connection with direct trade with farmers. Normally the same firm from last years survey are selected, men periodically, every third or fourth year, new firms might be added from the industry "Wholesale of cereals and feeding stuffs", industry code 46.002 according to the industry classification DB07. In 2023 16 firms took part.

Relevance

The figures are used primarily by farmers to determine the rent for agricultural land. The important users are ministries, agricultural organisations, local authorities, farmers and lawyers. There is a high level of satisfactory among users.

Accuracy and reliability

There is no measure of the uncertainty of the statistics, e.g. sample error or measurement error. There is no reason to believe that statistics should be subject to bias.

Timeliness and punctuality

These statistics are published about seven weeks after the end of the reference period. Publications are released on time, as stated in the release calendar.

Comparability

Official prices have been around since the beginning of the 17th century. From 1910-1970 the statistic covers the former Parishes "Stifter" which were the old zoning. In the period 1937-1953 statistic covers only Zealand diocese. The statistics are fully comparable back to 1985.

Accessibility and clarity

These statistics are published yearly in a Danish press release. In the StatBank, these statistics can be found under Agricultural economics.