French Farm Income to Fall 2.3% in 2011 as Fertilizer Costs Rise

French farm income is expected to fall 2.3 percent this year, weighed down by higher costs for fertilizer and animal feed, the Agriculture Ministry reported.

Average pretax operating income per farmer this year is estimated at 30,200 euros ($39,526) from 30,900 euros in 2010, the ministry’s statistical department Agreste said in an e-mailed report today.