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Farm Household Incomes

Dáil Éireann Debate, Tuesday - 19 October 2010

Tuesday, 19 October 2010

Ceisteanna (458)

John O'Donoghue

Ceist:

505 Deputy John O’Donoghue asked the Minister for Agriculture, Fisheries and Food if farm incomes have stabilised and if he can furnish figures for 2007, 2008, 2009, and to date in 2010; and if he will make a statement on the matter. [37615/10]

Amharc ar fhreagra

Freagraí scríofa

The most recently published data on farm incomes is in Teagasc's National Farm Survey for 2009, which estimated that average farm income for that year was €11,968. Full-time farms, as defined by Teagasc, had an average farm income of €24,214. The following table shows the equivalent figures for 2008 and 2007. Direct comparison with 2010 is not yet possible as the 2010 survey will not be published until next year. However, in their mid-year update, published in July, Teagasc estimated that dairy, cereal and sheep margins will improve in 2010 due to higher output prices and lower inputs costs. They found that beef margins would remain relatively unchanged.

Average Family Farm Income by System of Farming

2007

2008

2009

All Farms

19,687

16,993

11,968

Full-time farms

43,938

37,950

24,214

Source: Teagasc, National Farm Survey (various years).

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