We need your support to keep TheyWorkForYou running and make sure people across the UK can continue to hold their elected representatives to account.Donate to our crowdfunder
T6. Mr Lynch asked the Minister of Agriculture, Environment and Rural Affairs whether she has any detail on the potential loss of income to farmers as a result of Brexit, given that, in answer to a number of questions, she has mentioned the work that her Department has been doing around Brexit. (AQT 271/16-21)
I thank the Member for his question. The current situation is positive, as he would have noted in my response to the question from Ms Sinéad Bradley. Exports are much more competitive as a result of the euro/sterling exchange rate. Sheep prices and cattle prices have increased, as have pig prices, over the last year. You will also be aware of the basic payment increase of 16·5% on last year, which accounts for an extra £39 million to the Northern Ireland economy.
In the short term, they are better off. In the long term, there would be absolutely no guarantee that they were going to be better off even if we remained in the European Union. It is very early days, and I cannot forecast that.