Central Statistics Office (CSO) estimates released today for output, input and income in agriculture shows that the operating surplus in Irish agriculture is expected to have increased two per cent this year.

This increase comes on the back of a decrease in 2012 of 8.5 per cent.

The value of goods output from Irish agriculture at producer prices was €7,101 bn a 5.7 per cent increase on the 2012 figure of €5,494bn.

Of note is the 25.5 per cent increase in the value of milk output. This represents a €416.1m increase bringing the total to €2,045.9bn.

Cattle output saw a much smaller increase of only 1.1 per cent or €22.3m. However the value of cattle output remains substantial at €2,141.8bn.

Pig output showed significant rise also recording a 7.8 per cent increase on 2012. This is in contrast to the cereal sector which decreased by a substantial 32.4 per cent or €109.2m in 2013.

Of note in the statistics was the increase in the value of feeding stuffs used of almost 10 per cent or €142.7m coinciding with the Fodder Crisis last spring.

The CSO also track the value of subsidies to Irish agriculture. In 2013 the value of subsidies less taxes on production is estimated to have decreased by 8.1 per cent from €1,667m in 2012 to €1,533m for 2013.

It notes that this figure includes subsidies already paid and those scheduled to be paid by the Department of Agriculture, Food and the Marine by year end.