{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Holywell Trust Conversations","title":"Farming in transition","html":"","width":"100%","height":180,"duration":2558,"description":"Agriculture is worth around £1.7bn to the Northern Ireland economy, 4% of total economic activity, according to figures published by the Department for the Economy. This compares to farming comprising just 1% of the UK economy – so farming is worth four times more to our economy, proportionately, than to the rest of the UK.\nBut it is a sector that is in transition and worried. Post-Brexit trade deals agreed by the UK with major agricultural economies Australia, New Zealand and South Africa caused anxiety. Further possible deals with Brazil and Canada are increasing that concern. The size of these countries’ farms and farming businesses provide economies of scale that Northern Ireland farms can’t match.\nThe British government has pledged that new trade deals will not involve reductions in environmental protection, food standards or animal welfare. Some campaigners have expressed scepticism about this, at least in the longer term. No government can bind future governments. \nBoth the Ulster Farmers Union and Britain’s National Farmers Union have criticised these trade deals, which they argue damage UK farming interests.\nCurrently around half of UK food consumption is domestically produced. Much of the meat sold by UK supermarkets is bought on international markets. The UK records a trade deficit in both the meat and dairy markets. Pre-Brexit, most agricultural exports were to EU member states.\nThe dairy market represents a specific concern – with farmers selling milk at prices below the cost of production. A few weeks ago the Ulster Farmers’ Union said that farmers were being paid 57 pence per two litre container of milk, out of a then typical £1.65 retail price. That £1.65 compares with farmers’ production cost of 70 pence per two litres. So farmers are losing 13 pence for every two litres of milk they produce, whereas the retailers and processors between them take £1.08 per two litres in terms of their costs, plus margins.\nIt should be explained that some of the...","thumbnail_url":"https://img.transistorcdn.com/PR1KfubV5mQbNCBb39558iwYKVHxNVNcf804_FJPYuQ/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzE3NTgvMTY4MDk4/NTg2MC1hcnR3b3Jr/LmpwZw.webp","thumbnail_width":300,"thumbnail_height":300}