Direct payments accounted for 160% of suckler rancher incomes final year

Direct payments accounted for 160% of suckler rancher incomes final yearDirect payments accounted for 160% of suckler rancher incomes final year

Direct payments from a EU in a form of a Basic Payment Scheme (BPS) and several other schemes accounted for 77% of family plantation incomes in Ireland on normal opposite all sectors final year, according to the Teagasc National Farm Survey 2019 rough results.

This meant that a normal approach remuneration opposite a house amounted to €427/ha out of an altogether family plantation income (FFI) of €554/ha on average.

Of these, a commission a approach payments done as a suit of a altogether FFI sundry extremely from zone to zone final year, a survey’s rough formula – published progressing today, Monday, Jun 29 – found.

According to a Teagasc report, “the information indicates that marketplace income (before approach payments) is reduction than 0 on drystock farms, indicating that on normal these farms do not make a distinction from prolongation and are heavily contingent on support”.

In a zone relapse of a percentages, for a dairy plantation average, approach payments accounted for a remuneration of €347/ha final year, while a altogether family plantation income amounted to €1,132/ha. This is down from 34% of a altogether FFI in 2018, though adult good on a 23% available in 2017.

Source: Teagasc National Farm Survey 2019 rough resultsSource: Teagasc National Farm Survey 2019 rough results

Source: Teagasc National Farm Survey 2019 rough resultsMeanwhile, on a ‘cattle rearing’ side of things, approach payments amounted to €461/ha on normal final year (160%), compared to an FFI figure of €288/ha. This is adult marginally on a 159% available final year – though adult extremely on a 123% in 2017.

Turning to ‘cattle other’, a normal plantation remuneration in this zone accounted for 129% of a normal income, operative out during a remuneration of €496/ha compared to an income of €384/ha.

This is adult almost on a 110% suit that approach payments accounted for in 2018, that in spin was an boost on a 96% in 2017.

The sheep plantation normal in 2019 was approach payments contain 132% of FFI – in other difference €411/ha compared to an FFI of €311/ha. This is indeed down on a 143% share in 2018 though adult on a 107% in 2017.

Source: Teagasc National Farm Survey 2019 rough resultsSource: Teagasc National Farm Survey 2019 rough results
Source: Teagasc National Farm Survey 2019 rough results

Finally, a husbandry plantation normal for 2019 saw approach payments make adult 74% of husbandry farmers’ income, operative out during an normal approach remuneration of €427/ha compared to an altogether FFI of €554/ha.

Article source: https://www.agriland.ie/farming-news/direct-payments-accounted-for-160-of-suckler-farmer-incomes-last-year/

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