Farm Business

Diary dates: Key deadlines this autumn
Diary dates: Key deadlines this autumn As we enter the last three months of the year, Vincent Ronayne, Drystock Advisor, Teagasc Claremorris, reminds us that it is time to check that deadlines and conditions for schemes are met, and also to be aware of other areas of the farm are meeting legal […]
28 September 2024

10 key considerations of farm succession planning
10 key considerations of farm succession planning Transferring farm ownership and management from one generation to the next is rarely easy, writes James McDonnell, Financial Management Specialist at Teagasc, who offers key advice on succession planning. For most farm families succession is not a single event but a journey, with many staging […]
24 September 2024

Nationwide Farm Business Options Training Programme launched
Nationwide Farm Business Options Training Programme launched Teagasc officially launched its 2024 Farm Business Options training programme at the National Ploughing Championships 2024 in Ratheniska, Co. Laois. This nationwide initiative aims to empower farmers and farm family members to diversify their enterprises and explore new business opportunities. The programme is organised by […]
22 September 2024

Schemes update: ANC advance payments and ACRES Non-Productive Investments announcements
Schemes update: ANC advance payments and ACRES Non-Productive Investments announcements Details of the commencement of advance payments under the Areas of Natural Constraint (ANC) scheme and the opening of applications for Non-Productive Investments (NPIs) under ACRES were shared today, September 18. ANC advance payments Minister for Agriculture, Food and the Marine, Charlie […]
18 September 2024

Under the shadow
0 Under the shadow Research conducted by Teagasc and the University of Galway has estimated the economic value – or shadow wage – of farm family labour on Irish dairy farms, highlighting the critical role of agricultural education in increasing its value. Agriculture, a cornerstone of the Irish economy, is at something of […]
8 September 2024

Majority of ACRES balancing payments expected by September’s end
0 Majority of ACRES balancing payments expected by September’s end Minister for Agriculture, Food and the Marine, Charlie McConalogue T.D. has provided an update on the progress of ACRES payments already made and those for issue over the coming period. Acknowledging the delays that have been experienced in the processing of payments for […]
6 September 2024

Farm transfer and succession are matters for every farm family
Farm transfer and succession are matters for every farm family The subject ‘Transferring the family farm’ is one that every farm family should plan for during the life of the farm, Farm Management Specialist at Teagasc, James McDonnell shares key details of what’s involved. People in general do not like to talk […]
27 August 2024

Mixed fortunes for Irish farmers in 2024
0 Mixed fortunes for Irish farmers in 2024 A new report by economists at Teagasc provides an updated forecast on the average margins and incomes expected across the agricultural sector in Ireland for 2024. Irish agriculture in 2024 faces a mix of challenges. The year to date has been marked by difficult weather […]
6 August 2024

Employment deployment
0 Employment deployment Studying employment practices on farms will allow for the development of tailored support and training, helping farmers offer more attractive employment opportunities. Like many economic sectors today, agriculture is in the middle of a perfect storm; demand for additional people to work on farms is increasing, while the availability of […]
4 August 2024

Second year of investment declines on Irish farms
Second year of investment declines on Irish farms Gross new investment on Irish farms declined overall in 2023, results published in the Teagasc National Farm Survey 2023 have shown.This followed a reduction in 2022 also, after a number of years of substantial growth. In aggregate, across farm investment totalled over €1.3 billion […]
26 July 2024