Income of dairy farmers at over €64k

Dairy farmers saw their incomes rise to more than €64,000 last year, but other sectors have been decimated, according to the latest Teagasc national farm survey.

On dairy farms, average family income increased by 31% in 2013, almost completely reversing the decline in 2012 and returning income levels close to the highs of 2011.

However, other types of farming experienced further income falls, with the annual earnings of sheep farm families plunging to €11,160 from €18,243 in 2012.