Dairy market turbulence has yet to run its course and there’ll be more pain ahead for farmers, according to NZ dairy giant Fonterra.

In 2016, recovering dairy profitability is expected to lift the average income for Irish farmers: Teagasc

Agriculture Minister Simon Coveney said Tuesday’s Budget measures such as a new self-employed tax credit of €550, and USC reductions, will mean over €800 in additional net income, or 3.5%, based on the average 2014 National Farm Survey family farm income of €26,974.