Kieran Coughlan: Challenging now for all farms but how do you compare?

Farmers look to the future rather than mulling over last years’ performance — which is why Teagasc’s mid-year Situation and Outlook report is often more important for farmers than the annual Teagasc National Farm Survey.

The Situation and Outlook report doesn’t project much beyond the end of the current year.

For 2016, it makes pretty grim reading.