The new Programme for Government prioritises “supporting inter-generational farm succession”. Food Vision 2030, our shared strategy for the agri-food sector, states that generational renewal in farming is critically important to ensure the future viability and social sustainability of the Irish agri-food sector and of rural Ireland. While supporting young farmers and new entrants is critical to ensure a bright future for the agri-food sector, it is also important to consider the position of older and retiring farmers.
There are a number of supports for generational renewal currently available to farmers under Ireland’s CAP Strategic Plan (CSP) 2023-2027. These supports are complemented by a suite of strong national taxation measures to ensure a coherent approach.
Farm succession is a complex issue and there are many factors that impact farmers’ decisions. Last October, an independent Commission on Generational Renewal in Farming was established. The Commission is adopting an objective, evidence-based approach to examining all the complex factors involved. It is engaging closely with stakeholders, including a public consultation.
The Commission is making significant progress and I am expecting a report on policy options in the coming weeks, which will ensure that we have an objective analysis of the issue in advance of preparations for the next CAP.