{"id":221488,"date":"2025-06-28T14:06:20","date_gmt":"2025-06-28T14:06:20","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/221488\/"},"modified":"2025-06-28T14:06:20","modified_gmt":"2025-06-28T14:06:20","slug":"farm-incomes-soar-in-northern-ireland","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/221488\/","title":{"rendered":"Farm incomes soar in Northern Ireland"},"content":{"rendered":"<p>Improved returns for milk, beef and sheep, combined with lower feed and fertiliser costs, facilitated a sharp increase in farm profits for producers in Northern Ireland in 2024.<\/p>\n<p>First estimates from the Department of Agriculture, Environment and Rural Affairs (Daera) put Total Income from Farming (Tiff) in Northern Ireland at \u00a3766m for the calendar year \u2013 up 62% in nominal terms, or 56% after adjusting for inflation.<\/p>\n<p>See also: <a href=\"https:\/\/www.fwi.co.uk\/business\/payments-schemes\/environmental-schemes\/new-farming-with-nature-scheme-opens-in-northern-ireland\" target=\"_blank\" rel=\"noopener\">New \u2018farming with nature\u2019 scheme opens in Northern Ireland<\/a><\/p>\n<p>The data shows total gross output was 8% higher at \u00a33.19bn, with dairying the largest contributor at \u00a31.1bn, followed by beef cattle at \u00a3658m.<\/p>\n<p>At the same time, the total cost of inputs decreased by 3% to \u00a32.09bn, with feedstuffs down 4% to \u00a31.18bn.<\/p>\n<p>Agriculture minister Andrew Muir welcomed the uptick, but acknowledged the impact of volatile markets from one year to the next.<\/p>\n<p>\u201cFluctuating market conditions remains a very difficult issue for farmers to address,\u201d he said.<\/p>\n<p>\u201cThese fluctuations are mainly due to world markets, which are very much outside our control.\u201d<\/p>\n<p>Farm types\u00a0<\/p>\n<p>The latest data also includes estimates of Farm Business Income by farm type for the period March 2024 to Feb 2025, indicating a doubling of average farm profit to just over \u00a360,000.<\/p>\n<p>The Ulster Farmers\u2019 Union (UFU) said the figures show that the majority of farm families are \u201cfinally\u201d being fairly rewarded, reinforcing their \u201cindispensable contribution\u201d to food security during ongoing global uncertainties.<\/p>\n<p>However, UFU president William Irvine expressed concern that arable farmers are struggling to make ends meet.<\/p>\n<p>The value of output for cereals decreased by 6% to \u00a338m, according to the Tiff figures, and producers are currently receiving less than the cost of production for their grain.<\/p>\n<p>\u201cFor the agri-food industry and economy to thrive, every commodity and farm business must be rewarded fairly for the high-quality produce they produce,\u201d said Mr Irvine.<\/p>\n<p>\u201cNo sector can be left behind. They need equal opportunities for development and progress.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Improved returns for milk, beef and sheep, combined with lower feed and fertiliser costs, facilitated a sharp increase&hellip;\n","protected":false},"author":2,"featured_media":221489,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5011],"tags":[1144,16,15],"class_list":{"0":"post-221488","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-northern-ireland","8":"tag-northern-ireland","9":"tag-uk","10":"tag-united-kingdom"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/221488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=221488"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/221488\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/221489"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=221488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=221488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=221488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}