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Sectoral targets may define the decade in farming

Peak milk supply: dairy appealing for new entrants, what are banks saying?

Department modelling needs to increase range of sizes

Department modelling needs to increase range of sizes 2021-08-14

Average debt on Irish farms of almost €60,000 in 2020

Approximately two-thirds of farms have no business related debt across all farm systems. Approximately two-thirds of farms have no business related debt across all farm systems. Previous Next The average debt on Irish farms in 2020 was €59,982, with 35% of farms having borrowings, the National Farm Survey for 2020 shows. Some 76% of farm-related debt was classified as medium- or long-term debt, 16% related to hire purchase and leasing, while 8% was deemed short-term debt. Approximately two-thirds of farms have no business-related debt across all farm systems There was a 5% increase in gross new investment on Irish farms in 2020. Dairy Six out of 10 dairy farms had borrowings in 2020 and 64% of dairy farms have some level of debt, with borrowings averaging €112,476, representing represents a decrease of 4% on 2019 levels.

National Farm Survey: Average farm income increases by 9% -