62% of income received by farmers in Northern Ireland comes from the European Union.
Provisional figures indicate that the ‘Total Income from Farming’ (TIFF) in Northern Ireland increased by 8.3% (8.0% in real terms) from £463 million in 2020 to £501 million in 2021. [...] A detailed analysis of farm incomes by type and size of farm in 2020/21 will be provided in the report ‘Farm Incomes in Northern Ireland 2020/21’ which will be published on the DAERA website in March 2022. [...] - The EU and UK system for classification of farms was revised in 2011. Farms are now classified in terms of Standard Output (SO) compared to Standard Gross Margin (SGM) used previously. Further details of the impact of this change are presented in the report ‘Farm Incomes in Northern Ireland 2010/11’ which is available on the DAERA website.