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03 November 2008 - Farm Performance in 2007/08

The Department of Agriculture and Rural Development (DARD) has published the booklet 'Northern Ireland Farm Performance Indicators 2007/08'.

This is the sixth edition of this annual publication, which is designed to provide farmers with reliable data to assess the current performance of their farm business.

Data in the booklet are extracted from farm account information, collected as part of the 2007/08 Northern Ireland Farm Business Survey, by Policy and Economics Division of DARD. The Northern Ireland Farm Business Survey is composed of a representative sample of farm businesses and the data accurately reflect performance levels achieved on Northern Ireland farms.

Enterprise data are presented in gross margin format. Included are details of the value of output, variable costs and gross margin for each of the main enterprises found on Northern Ireland farms. For the more common enterprises, data are presented for four different levels of performance, according to the gross margin achieved, i.e. 'Excellent', 'Good', 'Moderate' and 'Poor'. These represent the levels of performance achieved around the average performance for any particular enterprise.

The 2007/08 Farm Business Survey year is the third which covers the Single Farm Payment (SFP). As the SFP is decoupled from production and not linked to any particular enterprise, it is not included in the calculation of gross margins.

In addition to enterprise gross margin data, the booklet contains information on hay, silage and grazing costs and average fixed costs by type of farm. However, given the range in fixed costs encountered at farm level, the average values published should be treated with some caution.

Farmers, who require assistance in using the data to assess their farm's performance, are strongly recommended to seek the assistance of their DARD Development Adviser, who may be contacted through the local DARD office.

Copies of 'Northern Ireland Farm Performance Indicators 2007/08’ are available, free of charge, from Policy and Economics Division, DARD, Room 817 Dundonald House, Upper Newtownards Road, Belfast, BT4 3SB or by e-mail from: Farmsurvey.PED@dardni.gov.uk

The booklet can be accessed on the DARDNI website at DARD statistics/statistical publications on: http://www.dardni.gov.uk/index/dard-statistics/statistical-reports/agricultural-statistics-farm-business-survey.htm

Notes to Editors

All media enquiries to DARD Press Office, tel: 028 9052 4619. Out of office hours please contact the Duty Press Officer via pager number 076 9971 5440 and your call will be returned.


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