The Ulster Farmers’ Union says the latest provisional figures from DAERA show a strong increase in Northern Ireland’s agricultural incomes for 2024. However, while the majority of farm families are finally being fairly rewarded, reinforcing their indispensable contribution to food security during ongoing global uncertainties, local arable farmers are struggling to make ends meet.
DAERA’s provisional estimates indicate that the ‘total income from farming’ (TIFF) in NI surged by 62.5%, climbing from £471 million in 2023 to £766 million in 2024. Furthermore, the average farm business income across all farm types is expected to more than double, increasing by 107% from £29,260 in 2023/24 to a projected £60,622 in 2024/25. The significant upturn is largely attributed to a combination of factors: lower feed and fertiliser prices, coupled with more favourable prices for key commodities such as milk, beef and lamb.
In stark contrast, the arable sector is not experiencing the same financial lift as some sectors. Many local arable farmers are currently receiving less than the cost of production for their grain, highlighting the ongoing volatility within certain sectors.
UFU president William Irvine said, “It’s heartening news for Northern Ireland’s farming community to see such an increase in incomes. The figures are testament to the sheer determination and unwavering commitment of our farm families. After navigating immense challenges, our farmers are seeing their tireless efforts reflected in their incomes. They are, quite rightly, being rewarded for the vital work they do every single day.
With that said, not all farm families are receiving the return they deserve, our arable farmers are barely getting by which is extremely worrying.
“We are always acutely aware that the unpredictability of agriculture means that specific sectors continue to face unique pressures and challenges, but for the agri-food industry and economy to thrive, every commodity and farm business must be rewarded fairly for the high-quality produce they produce. No sector can be left behind. They need equal opportunities for development and progress.
“In a world facing increasing volatility and geopolitical shifts, the fundamental importance of food security has never been clearer. Our local farmers are the bedrock of our nation’s ability to feed itself, providing high-quality, traceable food that consumers trust. Improved financial stability strengthens their capacity to continue producing that essential food, safeguarding our domestic supply chain and reducing our reliance on external markets. It’s not just about profit; it’s about national resilience and ensuring a secure future for everyone’s dinner plate.”
The UFU underscores that the rise in farm income is a strong sign that supports more investment in sustainable farming and helps protect the future of Northern Ireland’s agri-food industry.
