{"id":222550,"date":"2026-01-02T00:43:10","date_gmt":"2026-01-02T00:43:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/222550\/"},"modified":"2026-01-02T00:43:10","modified_gmt":"2026-01-02T00:43:10","slug":"average-farm-income-forecast-to-fall-19-in-2026","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/222550\/","title":{"rendered":"Average farm income forecast to fall 19% in 2026"},"content":{"rendered":"<p>The average farm income in 2026 is forecast to fall by 19%, to just over \u20ac40,000, largely driven by a decline in dairy income.<\/p>\n<p>That&#8217;s according to a report published by economists in Teagasc.<\/p>\n<p>The report found that economic growth at the global level is expected to be lower than in 2025.<\/p>\n<p>Taking the year as a whole, Irish milk prices in 2026 could be down by more than 20% on their average level for 2025.<\/p>\n<p>Average incomes are forecast to rise on cattle farms in 2026, with an increase of 18% to \u20ac26,000.<\/p>\n<p>In general, farm incomes on cattle farms in 2026 are forecast to be well above historical averages.<\/p>\n<p>The IFA&#8217;s Ulster\/North Leinster chair, Co. Cavan farmer Maurice Brady, told Northern Sound that farm income should always be the focus.<\/p>\n","protected":false},"excerpt":{"rendered":"The average farm income in 2026 is forecast to fall by 19%, to just over \u20ac40,000, largely driven&hellip;\n","protected":false},"author":2,"featured_media":222551,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,114942,61,60],"class_list":["post-222550","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-farm-income-forecast","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/222550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=222550"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/222550\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/222551"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=222550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=222550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=222550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}