The Assistant Economic Development Minister says the move to a living wage needs to be done in a structured way, as doing it now would destroy the agriculture industry.
Deputy Kirsten Morel says he's working to create a package of support to help farmers in the island.
It will go up to £9.22 from 1 January 2022.
Deputy Morel says support for the sector needs to come first, before subjecting it to a living wage.
"We are working, and I will continue to work as the person with responsibility for the rural economy, to get that support to the farmers quickly.
"We can't afford to lose farmers in Jersey, and I don't believe there has been really been as much pressure on the industry right now as there is.
"The rise to £9.22, I believe is putting approximately £1million on the wage bill of the sector.
"That is £1million in a sector which made a multi-million-pound loss last year, and that is the second year in a row I believe where there were losses.
"That is not reasonable, it cannot be sustained.

"I think it's highly likely that well before 2024, pretty much most workers in Jersey will be being paid the living wage, irrespective of what legislation we have in place.
"But the agriculture sector, particularly the growing element of the agriculture sector, won't be able to match that pace unless we're able to support it, and that is what we're doing."
The living wage is currently £10.96 per hour.
Economic Development Minister Senator Lyndon Farnham has previously said support could include productivity help, increased land area payments, and reduced social security contributions.

Tourism bosses concerned about impact of UK autumn budget
Government 'must act' to protect children from online harms
Jersey's skin cancer rates remain higher than England
Police warn of joyriders as two vehicles are taken
Strive Hotel blocked, £29m Millbrook House Hotel gets go ahead
Tiny Seeds launches campaign for Fertility Awareness Week
Public meeting called on future of Havre des Pas Lido
Thousands for Guernsey and Jersey schools to boost active travel