The Livestock and Meat Commission for Northern Ireland (LMC) has said that despite pressures from taxation and disease, Northern Ireland’s livestock sector holds strong potential for growth.
At the LMC Annual Spring Conference held this month, LMC CEO Colin Smith has highlighted that the majority of agriculture sectors in 2024 were in a “profit-making position” and said that, whilst the industry faces challenges, the outlook is positive for 2025. he added: “The ability of farmers to take advantage of this trend is constrained by an increased focus on environmental policy and regulation. We must find a way to grow sustainably to feed a growing population.”
Resilience against future challenges
Keynote speaker Michael Haverty, partner and senior research consultant at The Anderson’s Centre, talked about the importance of advancements in genetics and environmental schemes to help build productivity and reduce emissions. He emphasised that preparing for future pressures, including environmental regulations and volatile markets will be essential.
The global nature of trade means that international developments can impact local producers and add complexity to the industry, but farmers need to capitalise on the current favourable prices and production efficiencies if they are to future-proof their businesses.
“We must champion the excellence of our produce.”
Colin Smith, LMC CEO
Smith added: “We have a premium product here in Northern Ireland, which is Farm Quality Assured, produced with high welfare standards and of superior quality demanded by consumers in UK and Ireland. This gives us a strong platform to compete globally and now more than ever, we must champion the excellence of our produce as well as the dedication of the people behind with the intention to attract new talent into the sector and emphasise the value of the agriculture industry in both, domestic and international markets.”
