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SHARING OPTIONS: Higher lamb prices meant that sheep farm incomes increased by 24% to €18,383. \ Philip Doyle Sheep farmers had a “positive” year in 2020, with strong prices and an increase in on-farm investment. Speaking during a presentation of the Teagasc national farm survey (NFS) on Monday, principal researcher Trevor Donnellan said that it had been a “very positive story on sheep”. Higher lamb prices meant that sheep farm incomes increased by 24% to €18,383. This appears to have had a knock-on effect on on-farm investment, which rose from just €3,803 to €7,085 in 2020, with the bulk of investment going into machinery, followed by buildings and land improvements, with an average of €3,700, €2,900 and €390 being spent respectively on each area.

Trevor donnellanட்ரெவர் டாநெல்யாந்