The results of a new report from economists at Teagasc confirm a further increase in farm income took place across all the major farm systems in Ireland in 2025 as incomes continued to recover from the difficult year experienced in 2023. Income growth was driven by continued improvement in farm output prices, with particularly strong income gains recorded on Cattle Rearing, Cattle Other and Dairy farms.
As a result, over half of the farms in the survey in 2025 were considered economically viable, a sharp improvement on the previous year. While incomes improved in all farm systems, substantial differences remain between the incomes achieved in dairy farming relative to other farm systems.
The reported figures are based on the Teagasc National Farm Survey (NFS) which has been published annually since the early 1970s. It forms part of the EU wide Farm Sustainability Data Network, and all EU countries are required to collect and submit farm income and sustainability data to the network.
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