Overall, just 4% of sheep farms earned more than €50,000 last year. \ Philip
ADVERTISEMENT
Incomes for the sheep sector remain low, despite a 9% increase in 2019 compared with the previous year.
The 9% rise in incomes was due to lower production costs thanks to better weather last year.
The average income according to Teagasc’s National Farm Survey was €14,063. However, over one third of farms earned less than €5,000.
ADVERTISEMENT
The number of farmers earning between €20,000 and €50,000 rose by 4%. Overall, just 4% of sheep farms earned more than €50,000 last year.
Gross output on the average sheep farm stayed around €49,699.
BEAM
Direct payments increased slightly year on year and went up to almost €19,320. Teagasc said this was mainly down to the ability of sheep farmers which also have cattle to access the Beef Exceptional Aid Measure (BEAM).
The average farm was 47ha, with 133 ewes and a basic payment of €245/ha.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
Incomes for the sheep sector remain low, despite a 9% increase in 2019 compared with the previous year.
The 9% rise in incomes was due to lower production costs thanks to better weather last year.
The average income according to Teagasc’s National Farm Survey was €14,063. However, over one third of farms earned less than €5,000.
The number of farmers earning between €20,000 and €50,000 rose by 4%. Overall, just 4% of sheep farms earned more than €50,000 last year.
Gross output on the average sheep farm stayed around €49,699.
BEAM
Direct payments increased slightly year on year and went up to almost €19,320. Teagasc said this was mainly down to the ability of sheep farmers which also have cattle to access the Beef Exceptional Aid Measure (BEAM).
The average farm was 47ha, with 133 ewes and a basic payment of €245/ha.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS