Irish Farm Report 2023

Welcome to ifac's Irish Farm Report 2023. This Report contains the results of our 5th annual Irish Farm Survey.

As we predicted in our 2022 Irish Farm Report, input cost inflation has hit farm businesses hard this year. While this is the top concern highlighted in our latest research, it is encouraging to see that a majority of survey respondents are positive in their outlook for the coming year.

Our report examines the emerging trends across all sectors and shares advice as we come into 2023 and look forward to the years ahead.

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56%

have a positive outlook on farming

75%

cite rising input prices as their biggest concern for 2023, up 10% on last year.

41% of farmers would lease land to a solar or wind project if the opportunity arose.

SUCCESSION

2 in 3

don't have a succession plan in place

35% of farmers have not checked if the nitrate banding rates will affect their farm.

22%

of Dairy farmers indeed to reduce their herd due to nitrates banding

52%

say the biggest barrier to adopting technology is the cost!

54%

are concerned about their electricity and gas costs, in the midst of the cost-of-living crisis.

32%

of farmers struggle to find available employees

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Just launched

Ifac’s fifth annual Irish farm survey, contained in the report, reveals what is really on the minds of Irish farmers - the opportunities and the challenges they are facing across rural Ireland.

Registered Farm Partnerships – getting the right advice is crucial

Big Data and Farms

Where to From Here? The Financial Impact of Environmental Changes on Family Farms

Succession – The Importance of Proactive Planning

Cover Story: Farm Fresh Milk

Brian McLeer and his wife, Cency, milk 130 cows on their County Louth farm, where no fewer than six generations of the family have made their mark over the decades. The friendly and personable couple has made headlines recently by taking their milk to the general public in a bold new retail move.