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Sue Ogrocki/AP/Press Association Images

Nearly two-thirds of Irish farms are not economically viable

The average income on a family farm fell by 15 per cent last year according to the Teagasc National Farm Survey published today.

JUST 37 PER CENT of Irish farms are economically viable farm businesses according to a new survey which has shown that average family farm income fell by 15 per cent less year.

Preliminary estimates published in the Teagasc National Farm Survey today show that the Single Farm Payment, an EU subsidy, remains the most important direct payment to farmers, accounting for 58 per cent of their income.

For cattle farmers it accounts for 80 per cent of their income with dairy farmers less reliant on the payment which makes up 33 per cent of their income.

Thirty-seven per cent of farms are classed as economically viable in that these farms have the capacity to pay family labour at the average agricultural wage and provide five per cent return on non-land assets.

As a result most farms in Ireland are classed in the survey as either sustainable or vulnerable. A sustainable farm is said to be not economically viable but sustainable due to off-farm income.

Farms without off-farm income are classed as vulnerable and there are about 26,000 of these in Ireland.

Production and feed costs all increased last year as a result of the inclement weather with expenditure on feed up by over a quarter.

Average family farm income fell from €30,095 to €25,483, a 15 per cent drop but still more than in 2010. Income on dairy farms fell by fell by 24 per cent last year from €67,847 to €51,648, the largest drop.

Read: Fodder scheme doubled to €2m and extended for two more weeks

Read: 20 per cent increase in dead animals as fodder crisis deepens

Read: CSO farming figures show sheep numbers up 7pc, potatoes down 13.1pc

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73 Comments
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    Mute Fergal Lynch
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    Apr 17th 2014, 11:00 AM

    One for Me , One for Myself and One for the person who wrote this ;)

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    Mute vv7k7Z3c
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    Apr 17th 2014, 11:23 AM

    Nice! Thanks Fergal :)

    34
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    Mute ivy mike
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    Apr 17th 2014, 12:15 PM

    Lickarse

    35
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    Mute Stephen
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    Apr 17th 2014, 11:19 AM

    The true meaning of Easter, thank you God for sending the Easter bunny into the world. Amen

    35
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    Mute Leanne Lynch
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    Apr 17th 2014, 11:59 AM

    My mother has a gripe with Easter Eggs; “Sure there’s no more in them than a bar of chocolate”, so we never got them at home. This year I got a giant Kinder egg one and I’m already playing with the toy inside it. It’s like catching up with missed Christmases!

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    Mute Shane Kearney
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    Apr 17th 2014, 5:41 PM

    Cant beat them big kinder eggs…expensive as hell, but oh so good

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    Mute Emma O'Dwyer
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    Apr 17th 2014, 11:38 AM

    You can never go wrong, in having leftover Easter eggs and making Rice Krispie buns… Devine, that’s the way il be recycling my leftover chocolate

    25
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    Mute Sam Bartell
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    Apr 17th 2014, 12:17 PM

    What is this mysterious stuff “leftover” chocolate???

    83
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    Mute Shalalovely
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    Apr 17th 2014, 12:19 PM

    Leftover chocolate??? What is this rare phenomenon you speak of?

    52
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    Mute Dee4
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    Apr 17th 2014, 11:29 AM

    a little bit of irony last week, junior’s RE teacher implied that the Easter Bunny wasnt real……

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    Mute Leanne McHugh
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    Apr 17th 2014, 11:38 AM

    15 nieces and nephews between me and my partner, 3 children and 3 of my children’s friends. 21 Easter eggs bought. A little over the average.

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    Mute Gizmo mac
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    Apr 17th 2014, 11:00 AM

    I’m always hangin for a pint on Good Friday!

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    Mute Michael G O'Reilly
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    Apr 17th 2014, 12:14 PM

    And I bet it’s those who can least afford to who are buying the drink and the eggs !

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    Mute Mary Hinge
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    Apr 17th 2014, 12:40 PM

    It’s amazing how good the retail industry are at monetizing this sort of thing. From celebrating the execution of a bloke who thought he was the son of god to pressurizing parents into buying overpriced chocolate eggs. Genius!

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    Mute That's all folk's
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    Apr 17th 2014, 11:33 AM

    Three! I have given out about four already and have at least another six at home ready to go, that is if Cookie Monster ie. hubby doesn’t get to them first!!

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    Mute @Aoifs2707
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    Apr 17th 2014, 11:32 AM

    My mammy always buys me a giant Easter egg. A serving suggestion put an Easter egg in the fridge and than get a bag of marshmallows. Place a marshmallow on top of the piece of cool chocolate fresh from the fridge and enjoy :)

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    Mute Pierce2020
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    Apr 17th 2014, 11:16 AM

    Aoife, the Lir handmade one one you desk is from Gizmo

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    Mute Michelle Curtin
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    Apr 17th 2014, 3:25 PM

    My sons 5 and got his first Easter egg last year. His first time having chocolate. Im putting a limit on his eggs from others as I ended up giving the left over ones away at Halloween to the trick or treaters!!! #confusedwitches

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    Mute Emilio
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    Apr 17th 2014, 12:17 PM

    And the average number of craps is…

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    Mute Emma O'Dwyer
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    Apr 17th 2014, 3:23 PM

    When you get 3 or more eggs for Easter I get sick of eating them cause they all taste the same, so I diversify/change them into something else…it’s lush when you melt the chocolate and pour it into the Rice Krispies it’s a change

    5
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    Mute Ellen O'Keeffe
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    Apr 18th 2014, 10:38 AM

    “Munster is the county…” someone opened their Good Friday alcohol a little early :P

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    Mute Fergus Flanagan
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    Apr 18th 2014, 12:30 AM

    Seriously. What a ridiculous event.

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    Mute sarah fletcher-jones
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    Apr 18th 2014, 6:04 AM

    What ever happened to mother goose??? Bunnies and eggs…more like little brown k’nobblins

    1
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