Report and financial statements detail busy 2018 for Teagasc

Report and financial statements detail busy 2018 for Teagasc
Teagasc Director, Professor Gerry Boyle and Chairman of the Teagasc Authority, Liam Herlihy at the launch of the Teagasc Annual Report and Accounts for 2018. Picture: John Ohle Photography

Teagasc are intensifying knowledge transfer activities with farmers to improve adoption of measures to reduce emissions, so agriculture is playing its part in reducing GHG emissions, said Teagasc Director Professor Gerry Boyle, at the publication of the Teagasc Annual Report and Financial Statements for 2018.”

In 2018, Teagasc produced a major report, ‘Analysis of Abatement Potential of Greenhouse Gas Emissions in Irish Agriculture 2021-2030’, which identified measures, many of which have been included in the Government Action Plan on climate change published earlier this year.

Also in 2018, the Agricultural Sustainability Support and Advisory Programme (ASSAP) was launched, led by Teagasc, delivering a free one-to-one sustainability advisory service on maintaining and improving water quality to more than 5,000 farmers, to encourage behavioural change, facilitate knowledge transfer and achieve better on-farm outcomes.

The national network of 240 Teagasc advisors served almost 43,000 farmer clients in 2018, and 18,507 Teagasc Profit Monitors were completed.

Teagasc secured €6.3m in new EU research funding from Horizon 2020.

Excluding Net Deferred Funding for Pensions, Teagasc income in 2018 was €195m (€187m in 2017). There was an increase of €6.432m in Grant in Aid. Research income increased €1.924m. There was a reduction of €988,000 in livestock trading income. Knowledge transfer income fell by €3.251m (€1.639m in advisory services and €1.646m in course fees/student fees).

Proceeds of €488,000 were secured for sales of assets, and there was one-off additional capital funding of €1.935m for Johnstown Castle and for purchase of farmland.

In 2018, the Department of Agriculture invested €6.5m in the National Prepared Consumer Foods Centre at Teagasc, Ashtown, Dublin.

The VistaMilk SFI Research Centre was set up in 2018. Over €2.1m was invested in horticulture facilities at Teagasc Ashtown.

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