Agri-Business
The average family farm income in 2025 was highest in the south-east at just over €79,000, according to new data.
The number of farm households where the farmer or their spouse had an off-farm job dropped to an average of 59% in 2025.
The overall level of gross new investment on Irish farms increased by 7% in 2025, according to new data from Teagasc.
Due to the general rise in farm incomes in 2025, the proportion of viable farms "increased sharply" last year, according to Teagasc.
Farm Survey
Sheep and lamb prices in 2025 increased by about 6% on the record levels of 2024, while income rose by 7%, according to Teagasc.
Beef finishing and store cattle enterprises recorded the strongest percentage income growth of any farm system in Ireland in 2025.
Tillage
The average family farm income on tillage farms was €54,916 in 2025, representing a year-on-year increase of 33%.
Beef
The average family farm income (FFI) on cattle rearing farms in 2025 increased 74% to hit €24,061, the highest for the category on record.
A new report today (Monday, July 6) reveals that farm incomes increased across all major farm systems in Ireland in 2025
Teagasc is calling for greater numbers of tillage businesses to actively contribute to the National Farm Survey.
As Irish tillage farmers look to the future, they must have an accurate handle on their own specific levels of performance.
Dairy
Dairy farmers get better economic returns, are at less risk of isolation but work longer hours compared to other farmers.
Teagasc has today (Tuesday, October 28) launched a new fertiliser dashboard based on data from the National Farm Survey (NFS).
Rural Life
Teagasc has launched 'Farm Enterprise Data Dashboards', which are described as online tools to provide "clear insights" into incomes.
Average farm incomes on Irish beef farms is forecast to reach €25,000 in 2025, a sharp increase on previous years, according to a new report.
The value of the Irish agricultural contracting sector has now exceeded the €1 billion mark, for the first time ever, the FCI said.
The National Farm Survey revealed that machinery investment was proportionately the largest investment category across farm systems in 2024.
According to this years National Farm Survey, direct payments remained an important source of income for farms across the country in 2024.
The president of the IFA has welcomed a reported increase in family farm incomes, but warned that vulnerable sectors are still struggling.
The ICSA president Sean McNamara has welcomed the reported recovery in incomes across farming systems in the National Farm Survey (NFS).
The director of Teagasc has welcomed the recovery in farm incomes for 2024, and offered a hopeful, though cautious, outlook for 2025.
Sheep
Production costs fell on sheep farms last year thanks to a combination of lower feed prices and fertiliser costs according to a new report.
In 2024, the output value on cattle rearing farms increased due to higher cattle prices, the latest NFS has revealed.