Family farm incomes will rise by 5% in 2016, according to Teagasc’s annual review and outlook. The organisation expects that the final outcome for this year will be a drop of 9%.For next year it forecasts a good recovery in dairy margins due to higher prices and volumes. It expects more modest rises in margins in tillage, sheep and pigs due to higher prices. However, after a jump in margins this year, suckler and beef farmers are likely to see lower margins in 2016. Teagasc bases these forecasts on a return to more normal weather next year, giving a more normal grazing year and more normal cereal yields.