Income crash hits social sustainability of Irish farms

The 10% most profitable farms were making just over €2,000/ha
Income crash hits social sustainability of Irish farms

The drop in income in 2023 challenged farm economic viability, causing significant increases in household vulnerability

The bad last full year for farm finances has had a knock-on effect on the social sustainability of Ireland's family farms, a report published this week has warned.

More than a fifth (22%) of dairy farm households fell into the vulnerable household category (economically non-viable farm business and no off-farm employment), according to the Teagasc 2023 Sustainability Report.

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