AQW 52513/22-27 – Average net farm income

Mr Patsy McGlone (Mid Ulster): To ask the Minister of Agriculture, Environment and Rural Affairs to detail the average net farm income, in each of the last five years, broken down by constituency.

Minister of Agriculture, Environment and Rural Affairs: The average Farm Business Income figures published by my Department for each of the last five years are shown in table 1 below. Farm Business Income data are based on farm accounts collected as part of the Northern Ireland Farm Business Survey which covers a representative sample of farms larger than 0.5 Standard Labour Requirements in business size. My Department does not produce net farm income figures by constituency.

Table 1: Average Farm Business Income (all types, above 0.5 SLRs)

Year£ per farm
2021/2243,100
2022/2351,043
2023/2429,260
2024/2556,390
2025/26 (forecast)66,840

Note: The ‘all types’ category excludes poultry and horticulture farm types

ENDS