Farm Business
New 60% Grant-aid for Nutrient Storage Investments
0 New 60% Grant-aid for Nutrient Storage Investments Targeted Agriculture Modernisation Schemes (TAMS 3) provide grants to farmers to construct or improve specified types of farm buildings and equipment on their holdings. TAMS 3 opened in February 2023, and as of last week, 3,094 applications have been approved. Sean Mannion tells us more. […]
9 November 2024
5 things to consider when transferring the family farm
0 5 things to consider when transferring the family farm The transfer of land ownership does not always go smoothly. While there is no magic formula to guarantee the successful transfer of a farm from one generation to the next, major difficulties can be avoided if plenty of time is invested in the […]
2 November 2024
Active Farmer Checks
0 Active Farmer Checks Eamonn Dempsey outlines eligibility requirements for BISS payments, focusing on agricultural activity, active farmer checks, and land maintenance rules. For an area to be deemed eligible for BISS payment, it must be an agricultural area used for an agricultural activity. As part of Ireland’s Common Agricultural Policy (CAP) strategic […]
1 November 2024
Budget 2025 – the farming scheme angle
0 Budget 2025 – the farming scheme angle Budget 2025 was made public yesterday, October 1, by the Minister for Finance Jack Chambers and it contained a number of important measures for the farming sector, including the provision of funding for schemes next year. Following the unveiling of Budget 2025 to the Dáil, […]
2 October 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
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
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
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