High yields, low returns: A third of tillage farmers in the red

Input costs in Ireland are higher, but there are also high yields

Nearly one in five tillage farmers (19%) had a margin of less than €250; 13% had a margin of €250 to €500; and 18% had a margin of between €500 and €750.

Analysis of 2024 figures by Teagasc has shown 37% of farmers growing winter wheat achieved net profit margins of more than €750 per hectare, whereas 13% suffered a loss.

Nearly one in five (19%) had a margin of less than €250; 13% had a margin of €250 to €500; and 18% had a margin of between €500 and €750.