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JULY 2019
Feature
www.irishfarmersmonthly.com
IFAC Farm Report the Stats
Last month IFAC, the Farm Accounts Cooperative, published its annual Farm Report, which included
a wide-ranging survey of farmer attitudes. Its key findings include analyses of farm incomes across
the main enterprises last year. The Report outlines the profound financial impact of the 2018 drought
as well as providing detailed statistics on farmer age profiles, environmental challenges, the lack
of succession and pension planning along with technology adoption and a range of other topics
relating to farming in Ireland today. Here, we take a look at some of the key statistics to come out of
the report.
Average dairy
profits down
25%
61%
86%
62%
18%
38%
3,000
9.5
million
85%
116
last year.
Average beef farm loss per
hectare in 2018, excluding EU
subsidies, was
of beef farmers didn't make a
profit before EU subsidies, while
75% of sheep farmers
were in the same
situation.
of beef
farmers
unsure if
they will be
farming in
five years.
of beef farm
households
have an
o -farm
income
source.
chickens
were
reared for
consumption
in Ireland last
year.
in 1989 to 300
producers today.
The number of pig
farms has reduced
ten-fold from
of farmers
are over 55
years old
while only 5%
are under 35
years of age
55%
of farmers
do not
have a clear
succession
plan in place.
Pig farmers made
losses in three of the
of the past four years.
of farmers
over 65 have
no household
pension.
of those
working in the
farm sector
are female.
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14