Farm Business

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

Farm Diversification and Innovation – What are your Options?
Farm Diversification and Innovation – What are your Options? Joanne Masterson, Teagasc Business & Technology Drystock Advisor, tells us that many farmers and rural dwellers are interested in enterprise diversification, and talks about the options available. There are countless possibilities when trying to identify a realistic option for generating additional household income. […]
20 July 2024

“Branching Out” by Teagasc Launched: A Comprehensive Guide to Farm Diversification
“Branching Out” by Teagasc Launched: A Comprehensive Guide to Farm Diversification At the Energy and Farm Diversification show at Gurteen Agricultural College, the eagerly anticipated publication “Branching Out” by Teagasc was officially launched. This essential new guide is designed to support farmers and their families in navigating the complexities of farm diversification. […]
19 July 2024
How this Cork family achieved a smooth farm succession process
0 How this Cork family achieved a smooth farm succession process Alan Dillon, DairyBeef 500 Manager, recently visited a family in Co. Cork, who’ve ticked all the boxes when it comes to the key things to consider in the farm succession process. John Horgan from Kilworth, near Fermoy, Co. Cork, is a part-time […]
4 July 2024