Teagasc: Dairy income to fall 40% but outlook mixed

It will be another year of mixed fortunes in Irish agriculture, according to a mid-year Teagasc assessment of the sector.

Drystock producers, who ordinarily have relatively low incomes, will see their farm profits increase in 2015.

Incomes on cattle finishing and single suckling farms are likely to rise by 20% and 30% respectively. By contrast, dairy farmers who normally record the highest incomes, will see their farm profits fall.