Agri-Business
The president of the IFA has welcomed a reported increase in family farm incomes, but warned that vulnerable sectors are still struggling.
Teagasc has published a new publication today that sets out indicators of the performance of the main farming enterprises
Tillage
The Teagasc National Farm Survey is confirming an average tillage income of €21,399 in 2023, based on an average business size of 73ha.
The worst case scenario of a hard Brexit could result in steep reduction in farm output of around €3,000 per farm annually, according to Ibec.
Beef
Some 81% of farmers said they would reconsider their future in beef farming after 2016, a recent Agriland poll has shown.
The idea of cutting production in the beef sector now needs to be given serious consideration, ICSA President President Patrick Kent has said.
The Teagasc National Farm Survey shows that the 'average' farmer in Ireland is 57 years old and has 47ha (116 acres).