Average farm income stands at €13k, says IFA

FARM incomes have fallen by 30.3% this year, according to provisional CSO estimates published yesterday.

The drop follows a 10.9% decrease in 2008 and does not provide for any losses likely to arise from the current severe flooding.

Comparing 2009 with 2008 shows that the value of all goods output by the agriculture sector this year fell 18.9%.