NORTHERN IRELAND: Economic model for organic farming
A new project designed to provide comprehensive information on the economics of organic production systems in Northern Ireland has been announced. The initiative is part of an aid package for the organic sector announced in November by Agriculture Minister, Brid Rodgers. Information on the physical and financial inputs and returns for farm businesses will be collected over a period of three years. The figures will then be used to build an economic model that will be beneficial for farm planning and management decision making. In addition the information will provide the basis for sector benchmarking, a process whereby individuals can compare their own performance against others in the industry.
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