Positive price signals ‘boost’ to farm incomes in 2021

Teagasc Mid Year Outlook forecast
Positive price signals ‘boost’ to farm incomes in 2021

Violet Buckley Draper bales straw with a John Deere 459 on the family farm at Riverstick, Co  Cork. Picture: David Creedon. 

Improving farm output prices are likely to provide an increase in farm incomes in 2021, in spite of rising input prices, according to the Mid Year Outlook 2021 produced by Teagasc economists.

Weather conditions through the first half of 2021 have not been ideal for grass-based systems, while conditions have favoured cereal crop development and potential yield.

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