Irish Farmers' Association President Eddie Downey has demanded action from politicians in Dublin and Brussels to restore farm profitability.
Speaking at the 60th AGM of the IFA, Mr Downey said that protecting the viability of hard working and productive family farms had to be the top priority.
He said farm families were very worried about what was going to happen to their incomes this year.
The IFA leader also accused fertiliser companies of operating a cartel to keep prices high.
Irish farmers, he said, were delivering top quality product to the highest standards in the world, but must be properly rewarded for it.