FARM INCOME FIGURES HIGHLIGHT IMPORTANCE OF DIRECT PAYMENTS FOR FARM FAMILIES

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FARM INCOME FIGURES HIGHLIGHT IMPORTANCE OF DIRECT PAYMENTS FOR FARM FAMILIES
16 Dec 2011

FARM INCOME FIGURES HIGHLIGHT IMPORTANCE OF DIRECT PAYMENTS FOR FARM FAMILIES

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<div style=”text-align:justify”><span style=”font-size:12.0pt;Arial Narrow”,”sans-serif””>Reacting to the CSO’s initial Agricultural Income estimates, IFA president John Bryan said the figures show the continuing positive growth of the primary agriculture sector. “The improved buoyancy in agriculture is making a significant contribution to maintaining jobs and small businesses across the rural and wider domestic economy.”</span>
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<div style=”text-align:justify”><span style=”font-size:12.0pt;Arial Narrow”,”sans-serif””>John Bryan said, “The CSO’s provisional output and income estimates for agriculture in 2011 reflect the growth in value of the agriculture sector and its important role in the economic recovery. However, it must be remembered that Average Farm Incomes in 2011 will still be around €23,000.  The cost of doing business remains a concern.”</span>
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<div style=”text-align:justify”><span style=”font-size:12.0pt;Arial Narrow”,”sans-serif””>“Direct Payments represented over 70% of National Farm Income in 2011.  This highlights the importance of retaining the Single Farm Payment and Rural Development programmes in the CAP post-2013 to underpin farm incomes, production and agri-food output. This will be the clear message for the EU Commissioner for Agriculture Dacian Ciolos, when he attends the IFA AGM in January.”</span>
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<div style=”text-align:justify”><span style=”font-size:12.0pt;Arial Narrow”,”sans-serif””>He noted that over €150m of the 2011 income figure comprised Direct Payments that were due in 2010, but were not paid until early 2011. The real increase in income at farm level in 2011 was therefore closer to 25%.</span>
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Ends.
 
Contact:
Niall Madigan                (01) 450 1931/ 086 822 8635
Morag Devins                (01) 426 0344/ 086 263 3940 

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