Latest news with #TeagascTeagasc
Agriland
2 days ago
- Business
- Agriland
Average Irish beef farm income to reach €25,000 this year
Average farm incomes on Irish beef farms is forecast to reach €25,000 in 2025, a sharp increase on previous years, according to a new report. The Teagasc Outlook 2025 farm income report estimates that the average income for cattle rearing farms is forecast to be €25,000 in 2025, up 85% on last year (€13,547). While cattle other (primarily finishing) farms are expected to see incomes rise by 44% to €26,000. (2024: €18,101). The average gross margin on a single suckling enterprise is expected to increase by 90% to €1,080/ha in 2025. While the average gross margin on cattle finishing enterprises is due to increase by 44% to €1,130/ha this year. The report finds that the average net margin per hectare is forecast to reach €550/ha on both beef systems in 2025. Single suckling and cattle finishing gross margin per hectare 2019-2024 and forecast for 2025. Source: Teagasc Teagasc economists said that EU beef supply is expected to drop by 2.5-3% in 2025, when compared to last year's levels. EU exports are expected to decrease slightly this year and imports of beef are expected to be similar to 2024. For the year as a whole, UK beef production is expected to be 6% lower in 2025, compared to last year. Overall consumer spending on beef is due to be higher in both the UK and the EU, as rising consumer prices offset declines in the volume of consumption. Beef Teagasc said that the drop in beef production is stronger than the underlying decrease in consumer demand, which is resulting in higher farmgate prices. In the first six months of 2025 (H1), Irish finished cattle prices were 34% higher than in H1 2024. The annual average Irish finished cattle price is forecast to be 38% higher in 2025 relative to 2024. Weanling and store prices are forecast to increase by 45% on last year. Live cattle prices will be supported in the short-term by a decline in beef production in key EU markets and a slightly lower UK beef supply. Irish steer beef production is forecast to be 2% lower overall in 2025 compared to last year. Average weights of finished cattle are stable in 2025 relative to 2024, the report said. Teagasc said that a decrease in cow slaughter (mainly dairy cows) is forecast to lead to a 1% decrease in total beef production. The total costs of production on single suckling and cattle finishing enterprises are forecast to be 1% higher in 2025 relative to 2024. Direct costs are forecast to be 3% higher on single suckling enterprises and 1% higher for cattle finishing systems compared to last year. The report adds that overhead costs are forecast to be similar to 2024 levels.
Agriland
23-07-2025
- Business
- Agriland
Teagasc seeks supplier for system to feed calves in-transit
Teagasc is currently seeking submissions from potential suppliers for an in-lorry system to feed calves in-transit. According to the agriculture and food development authority, the objective of this project is to appoint a supplier who will design, install and support mobile feeding systems for feeding calves while they are being transported. Along with being installed in new units, the system should be able to be retrofitted to the truck trailers currently in use. Teagasc Teagasc outlined that the system will need to meet the following criteria: Feed calves automatically by pen; Control of feed volume and access time (e.g. 2 litres every 9 hours); Individual feeding to prevent calves overfeeding; Facilitate the smooth operation of the truck; Automatic system to alert operator/truck driver of issues such as the feeder not working. Teagasc has now commenced the first stage in a competitive process where interested parties complete a questionnaire in order to be considered for inclusion on a tender list. 'The purpose of this pre-qualification questionnaire (PQQ) is to identify entities interested and with a track record in the provision of calf feeding systems who can meet our requirements,' Teagasc said. Following evaluation, a maximum of five applicants, should that number qualify, will be invited to tender. Teagasc said that only suppliers invited to participate may submit an initial tender which shall be the basis for the negotiations. This can be followed by several rounds of negotiation in order for the contracting authority to seek better offers. The closing date for the submission of questionnaires is 5:00p.m on August 12, 2025. Calves Data from the Department of Agriculture, Food and the Marine (DAFM) shows that as of Friday, June 20, a total of almost 214,000 calves have been exported from Ireland, which is up 12% from the same time last year. The Netherlands remains the largest market destination for Irish calves, with 83,500 calves sold to the country in the first 27 weeks of this year. Spain is the second-largest export market destination for calves at 77,498 head, followed by Poland, Italy, and Northern Ireland purchasing 21,900, 18,200, and 7,000 Irish calves respectively.
Agriland
06-06-2025
- Business
- Agriland
Teagasc launches ‘This is Dairying' photo competition
Teagasc and FBD Insurance has launched the 'This is Dairying' photo competition in the lead-up to the Teagasc Moorepark Dairy Open Day, which takes place in early July, 2025. The competition will run throughout the month of June, and is an opportunity to capture and celebrate 'what makes Irish dairy farming so unique'. According to Teagasc, the aim of the competition is to highlight the pride, purpose and positivity within Irish dairying. It believes every photo helps to 'tell the story of Irish dairying at its best', and the competition provides an opportunity for budding photographers to 'get snapping' while being in with a chance to win exciting prizes. The head of the Teagasc animal and grassland research and innovation programme, Prof. Laurence Shalloo said: 'We're delighted to launch this initiative once again with thanks to support from FBD Insurance. 'Previous competitions have showcased the passion, care, and pride within the Irish dairy industry. We have seen some great creativity in previous competitions, and I'm looking forward to viewing the submissions in 2025,' Shalloo added. Teagasc Teagasc's people in dairy programme manager, Dr. Conor Hogan said: 'This competition is about celebrating all that is positive in Irish dairying. 'Sharing a single photo is a simple but powerful way for farmers, families, and the wider community to support and promote the dairy sector. We'd love to see entries from anyone involved in Irish dairying this June,' Hogan added. The competition is running until Wednesday, June 26, 2025, and the winners will be announced at the Teagasc Moorepark Dairy Open Day, and photos will be displayed online and on the day. The overall winner will receive €500 FBD Hotel voucher, and a professional framing of their winning photograph. The first runner up will receive €300, and two remaining finalists will be chosen to each receive €100 in FBD Hotel vouchers.
