Sheep
According to Anne Kinsella of Teagasc, 2021 looks like it will be an even better year for sheep farmers than even 2020 was.
Beef
As Brexit looming closer, beef farmers have to weigh up the potential risk factors associated with gross margin in a 'no-deal' scenario.
Dairy
The average net margin on dairy farms in 2021 is forecasted to decrease by 23% per hectare, according to Trevor Donnellan of Teagasc.
Agri-Business
If no trade deal is agreed between the EU and the UK for Brexit, the average family farm income in 2021 would decrease by 18%, Teagasc warns.
The average family farm income (FFI) in Ireland increased by 6% in 2020, according to estimates from a new new report by Teagasc.