Two thirds of Irish beef farmers are over 50, according to a new report by AIB. It comes the same week as Teagasc released data that shows that the average farmer in Ireland is 47 years old.
The AIB report also shows that 20% of beef farmers are aged over 65, while only just 4% of beef farmers are aged less than 35 years.
Almost half (48%) of the 200 farmers interviewed for the survey were specialist beef farmers. The farmers who are solely involved in beef are farming the smallest areas, on average 37ha, it found.
This compared to an average of 61ha for those who devote 50-59% of their land area to beef, it says.
One-fifth of farmers have lost an off-farm job or ceased an alternative enterprise in the past five years, while only 10% have started a new job or enterprise in the same period, it found.
The AIB survey found that those most likely to have lost off-farm employment are aged under 35 years and living in Connacht/Ulster.
Main farm system
Almost half (45%) of farmers are involved in suckler to weanling production, while similar proportions cite weanlings/stores to finishing (24%), suckler to stores (22%) and suckler to finishing (22%) as their main enterprise.
AIB says that there is an overlap in terms of main farm systems, some farmers identify more than one main system.
Suckler to weanling producers are farming the smallest area on average (38ha) and suckler to finishers are farming the largest area (51ha), it found.
Suckler herds are largest in Leinster (42 cows) and smallest in Connacht/Ulster (26 cows), the survey found.
Farmers who are involved in a discussion group have larger suckler herds on average (38 cows for members compared to 27 cows for non members), AIB found.
Some 45% of farmers finished cattle for the factory in 2013 (an average of 63 head/farm), the highest in Leinster (74 head) and lowest in Connacht/Ulster (54 head), which reflects the provincial differences in farm size.
The survey found that one quarter of farmers are considering changing their system over the next three years.
While 43% of farmers aged under 35 years would consider changing enterprise, it is less than half this proportion (18%) for those aged over 55 years, it found.
Some 34% of weanling to store producers would consider changing enterprise (mainly into suckler to store production), 31% and 30% respectively of suckler to store and suckler to finisher producers respectively (mainly into selling weanlings), it found.
However, only one fifth of farmers who purchase cattle to finish would consider changing their enterprise, the suvey found.