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Economy of the Falkland Islands
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==Agriculture== Farmland accounts for a little over 80% of the Falklands land area<ref name=Farms>{{Cite web |url=http://www.agriculture.gov.fk/publications/farming_statistics/2008-2009.pdf |title=Biennial Report 2008/9 |publisher=Falklands Island Government Department of Agriculture |date=31 May 2009 |access-date=18 April 2010 |url-status=dead |archive-url=https://web.archive.org/web/20110720200043/http://www.agriculture.gov.fk/publications/farming_statistics/2008-2009.pdf |archive-date=20 July 2011 }}</ref> and a sheep appears on the islands' [[coat of arms]], but agriculture is now less than 2% of the economy.{{r|overview}} {{asof|2007}}, 670,000 sheep resided on the islands;{{r|herbert20070118}} a 2011 report estimated the sheep population at over one million.<ref>[http://www.thecattlesite.com/articles/2948/farming-in-the-falklands Farming In The Falklands], 29 November 2011.</ref> Roughly 40% of the national flock are on West Falkland and 60% on East Falkland.<ref name=Farms/> The base flock are [[Corriedale (sheep)|Corriedale]] and [[Polwarth (sheep)|Polwarth]] breeds with [[Merino|Dohne Merino]], South African Meat Merinos, [[Afrino_sheep|Afrinos]] and other breeds having been introduced to improve the fineness of wool and meat characteristics.<ref>{{Cite web |url = http://www.agriculture.gov.fk/pdf_files/agricultural_booklet.pdf |title = Agriculture in the Falkland Islands [pamphlet] |publisher = Falklands Island Government Department of Agriculture |access-date = 2 June 2010 |archive-url = https://web.archive.org/web/20100714191741/http://www.agriculture.gov.fk/pdf_files/agricultural_booklet.pdf |archive-date = 14 July 2010 |url-status = dead }}</ref> The wool price suffered a slump in 2005/6 and a peak in 2008. Since 2003 the relative premium commanded by higher quality wool has increased with coarser wool missing out on the high prices in 2008. A summary of the prices for the period 2002 to 2010, which are often dictated by Australian exchange rate and weather conditions<ref>{{cite magazine |url= http://www.agriculture.gov.fk/publications/wool_press/2007/july_2007.pdf |archive-url=https://web.archive.org/web/20110720195557/http://www.agriculture.gov.fk/publications/wool_press/2007/july_2007.pdf |archive-date=2011-07-20 |magazine=The Wool Press |title=Australian Wool Price Boost |last= Hall |first= Robert |publisher=Falkland Islands Department of Agriculture |date=July 2007 |volume=211 |page=15 |access-date=2 June 2010}}</ref> is shown below:<ref>{{cite magazine |url= http://www.agriculture.gov.fk/publications/wool_press/2010/may_2010.pdf |archive-url=https://web.archive.org/web/20110720200116/http://www.agriculture.gov.fk/publications/wool_press/2010/may_2010.pdf |archive-date=2011-07-20 |magazine=The Wool Press |title=Wool Price Trend Over Time Graph |publisher=Falkland Islands Department of Agriculture |date=July 2007 |volume=244 |page=12 |access-date=2 June 2010}}</ref> {| class="wikitable" style="text-align: center;" |- bgcolor="#efefef" !Fibre diameter !Minimum price ([[Penny (British decimal coin)|p]]/kg) !Maximum price ([[Penny (British decimal coin)|p]]/kg) |- |32 [[Micrometre|microns]] |130 (2007) |210 (2003) |- |28 [[Micrometre|microns]] |180 (2006) |280 (2003) |- |24 [[Micrometre|microns]] |255 (2006) |530 (2010) |- |20 [[Micrometre|microns]] |290 (2005) |590 (2010) |- |} Although the production of wool is spread across the islands, the breeding of animals for slaughter is concentrated on East Falkland where the EU accredited Send Bay abattoir is situated.<ref>{{Cite web |url = http://www.falklands-meat.com/index.htm |title = Home Page |publisher = Falkland Islands Meat Company |access-date = 2 June 2010 |archive-url = https://web.archive.org/web/20110203090309/http://www.falklands-meat.com/index.htm |archive-date = 3 February 2011 |url-status = dead }}</ref> An additional cost borne by producers on West Falklands is the fare charged for crossing the [[Falklands Sound]]. As of 2010, the ferry company making the crossing charged commercial vehicles Β£30 per metre for a single trip plus Β£2 per head of sheep. Wool on the other hand is charged "Β£45 per tonne delivered to Stanley".<ref>{{Cite web|url=http://www.workboat.co.fk/downloads/2010CBFares.pdf |title=Concordia Bay -Tariffs 2010 |publisher=Workboat Services Ltd |access-date=18 July 2010 }}{{dead link|date=June 2016|bot=medic}}{{cbignore|bot=medic}}</ref> An increasing number of farmers are supplying lamb to the Falkland Islands Meat Company. The abattoir received export accreditation in December 2002 and began exporting meat in May 2003.<ref>{{Cite web |url=http://www.falklands.gov.fk/Agriculture.html |title=The Falkland Islands Government - Agriculture |year=2009 |publisher=Falkland Islands Government |access-date=31 July 2010 |archive-url=https://web.archive.org/web/20101216190957/http://www.falklands.gov.fk/Agriculture.html |archive-date=16 December 2010 |url-status=dead }}</ref> The number of farms supplying lambs increased from 6 in 2003 to 27 in 2007 while the number of lambs sent to the abattoir rose from 2600 to 11,963 in the same period.<ref>{{Cite web |url = http://www.agriculture.gov.fk/publications/wool_press/2007/july_2007.pdf |title = Is there money in lamb? |last = Judd |first = Neil |date = July 2007 |work = The Wool Press, Vol. 211 |page = 3 |publisher = Department of Agriculture, Falkland Islands Government |access-date = 29 July 2010 |archive-url = https://web.archive.org/web/20110720195557/http://www.agriculture.gov.fk/publications/wool_press/2007/july_2007.pdf |archive-date = 20 July 2011 |url-status = dead }}</ref> Selected statistics for the year 2008/9 relating to sheep farming are given below: {| class="wikitable" style="text-align: center;" |- bgcolor="#efefef" !Region !Area used for sheep (hectares) !Number of sheep !Sheep slaughtered !Wool clipped (kg) !Average fleece (kg) !Greasy wool yield (kg/hectare) |- |East Falkland |612,935 |292,917 |22,023 |923,632 |3.69 |1.86 |- |West Falkland |425,592 |182,741 |7,839 |602,618 |3.60 |1.54 |- |Islands |85,458 |28,962 |4,197 |110,595 |4.55 |1.69 |- |Total |1,123,985 |504,620 |34,059 |1,636,845 |3.95 |1.70 |- |} There are also a small number of cows, pigs and horses on the islands that are reared for local use.<ref name=Farms/>
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