Tillage News
According to the provisional results of the Teagasc National Farm Survey, tillage farm incomes averaged €58,995 in 2021.
Sheep
The average farm income on sheep farms in 2021 increased by 14% on 2020 and came to €20,451, the Teagasc National Farm Survey revealed.
Beef News
The ICSA has said that the Teagasc National Farm Survey shows that more support is needed for suckler farmers.
Agri-Business
Increased output prices and increases for inputs mean 2022 is likely to be "unchartered territory", according to the director of Teagasc.
Beef
Figures revealed in the Teagasc National Farm Survey show close to one-quarter of the farms surveyed had a farm income of less than €5,000.
Rural Life
The value of direct payments to farmers decreased by 3% in aggregate terms in2021, according to the latest Teagasc National Farm Survey.
Increasing input costs are wiping out price gains for farmers and eroding the value of direct payments, according to the IFA.
The average income for farms rearing cattle last year stood at €10,927 which is a 30% increase on the 2020 figure, according to Teagasc.
Higher output prices across most farm enterprises were the main driver of the increase in farm incomes in 2021, a Teagasc survey has said.