Dairy farmers ‘may see income halve in 2015’

Minister denies farmers may be forced to quit

Dairy farmers could see their incomes halved next year, while incomes across the sector could drop by 25% due to plummeting milk prices.

The Teagasc forecast has stunned the farming community and could lead to dairy farmers average incomes dropping from an average of around €60,000 to just €30,000 next year.