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41% of Irish food companies see exporting as key to growth in 2024

Two in five food and agribusinesses have cashflow issues

Almost two in every five food and agribusinesses is facing cash flow issues, new research has found.

The agriculture sector is the largest single source of greenhouse gas emissions in the country, accounting for more than a third

Call for Govt to adopt steps to cut agriculture emissions

The Climate Change Advisory Council has called on the Government to urgently support and incentivise the rapid uptake of cost-effective farming measures to reduce agricultural emissions.

Environment • 04 Sep 24

Tirlán's Chief Executive Seán Molloy and Chairperson John Murphy

Tirlán to spin-out €239m of Glanbia shares to members

Co-op Tirlán is proposing to spin-out around 15 million shares in Glanbia plc worth €239m to its members.

Business • 02 Sep 24

The area planted under cereals contracted by 6% in 2023, new CSO figures show

Agricultural Operating Surplus down by 39% in 2023 - CSO

New final estimates from the Central Statistics Office today show that the agricultural operating surplus fell by 39% to €2.9 billion in 2023.

Business • 29 Aug 24

Sheep farmer Amy Forrest said opportunities for women are increasing

Calls to 'level the playing field' for women in farming

Women farmers in the northwest have called on the Government "to level the playing field" in agriculture during a two-day event focused on the role women play in farming.

Ulster • 21 Aug 24

(L-R) Jim O'Toole of Bord Bia, Alistair Macrow and Laura Henderson from McDonald's, farmer John Phelan of Phelan Family Farm and Niall Browne of Dawn Meats

Payments for beef farmers who achieve emissions targets

Dawn Meats has launched a sustainability programme which will see participating beef farmers receive payments for achieving emissions targets.

Business • 21 Aug 24

The minister said that the Government wants to ensure that active farmers are fully excluded from the residential zoned land tax

Govt to defer residential zoned land tax, says Chambers

The Minister for Finance has confirmed to that the Government is set to defer the residential zoned land tax for another year due to concerns it could inadvertently impact on "active" farmers.

Politics • 21 Aug 24

US machinery makers have succeeded in maintaining the price increases they implemented two years ago

Deere beats profit expectations on strong pricing

Deere & Co beat analysts' expectations for third-quarter profit today, as stronger pricing and cost control measures protected its margins from sluggish demand for its farm equipment, sending shares of the company up 4% before the bell.

Business • 15 Aug 24

New CSO figures show that domestic milk intake by milk processors and co-ops here was estimated at 1.03 billion litres in June

Domestic milk intake falls by 1.4% in June - CSO

New figures from the Central Statistics Office show that domestic milk intake by milk processors and co-ops here was estimated at 1.03 billion litres in June.

Business • 07 Aug 24

Ifac, the farming, food and agribusiness specialist professional services firm, has bought Dublin-based MCC Accountants & Financial Advisors Ltd

Dublin-based MCC Accountants join the Ifac Group

Irish farming, food and agribusiness specialist professional services firm Ifac has announced a deal to buy Dublin-based MCC Accountants & Financial Advisors Ltd.

Business • 06 Aug 24

Kerry Group upgrades FY guidance despite H1 revenue drop

Food technology and ingredients company Kerry Group has today updated its full year constant currency adjusted earnings per share guidance to 7% to 10% after what it called a "good performance" during the first half of 2024.

Business • 31 Jul 24

The deferment reduced the need for chemical fertilisers and also paid tillage farmers additional income

Minister reverses decision to suspend tillage scheme

The Minister for Agriculture has reversed a decision to suspend a €10 million scheme that paid tillage farmers to chop straw left over after harvesting cereals and reincorporate into the soil.

Ireland • 25 Jul 24

A sharp downturn in dairy commodity prices internationally drove down milk prices

Steep reduction in dairy, tillage farm incomes in 2023

New figures on farming incomes show that all farm systems recorded their lowest average incomes in several years in 2023, with dairy farm incomes down 69% and tillage farm incomes down 71% on 2022.

Ireland • 23 Jul 24

FRS rebrands as FRS Co-Op

FRS, the social enterprise co-operative with operations and multiple business units located all across Ireland, is to rebrand as FRS Co-Op.

Business • 23 Jul 24

Desmond Savage, co-founder and COO of Moonsyst, PJ Maguire, Sales Lead at Moonsyst and Marion Cantillon, founder of PitSeal

Search for startups for AgTechUCD Agccelerator Programme

AgTechUCD is seeking applications from early-stage start-ups with innovative products and services in the AgTech, agri-food, equine and veterinary sectors to join its dedicated accelerator programme, which is now in its fourth year.

Business • 22 Jul 24

Yara's sales in Europe still remain significantly below the levels seen before Russia's full-scale invasion of Ukraine in 2022

Yara beats profit expectations, unveils plan to cut costs

Norwegian fertiliser maker Yara International has today reported quarterly core earnings above analysts' expectations and said it plans to cut costs and capex by $300m by 2025 to improve financial performance and shareholder returns.

Business • 19 Jul 24

The Agri-Food Regulator was set up late last year

Agri-food regulator takes legal proceedings against firm

The agri-food regulator has begun legal proceedings against a business in the agri-food supply chain in relation to an alleged breach of an unfair trading practice.

Business • 18 Jul 24

Minister for Agriculture Charlie McConalogue with Liam Herlihy, FBD Group Chair; Tomás Ó Midheach, FBD CEO; Professor Orla Feely, President of UCD and Michael Berkery, Chairman of FBD Trust CLG

FBD and UCD invest in new agricultural research centre

FBD and University College Dublin are to invest in new agricultural research and education facilities at UCD Lyons Farm.

Business • 15 Jul 24

The launch for Farm Safety Week took place on the Delaney farm in Co Laois with the Minister of State at the Dept of Agriculture with responsibility for farm safety Martin Heydon

Famers encouraged to prioritise safety

Farmers are encouraged to make safety a priority on their farm during Farm Safety Week and to take the necessary steps to safeguard themselves and their families on the farm.

Business • 15 Jul 24

Karol Kissane has been appointed as Ifac's Head of Public Sector Services and Economics

Agribusiness services firm Ifac appoints new economist

Farming, food and agribusiness specialist professional services firm Ifac has appointed Karol Kissane as its new senior economist.

Business • 04 Jul 24

The Farmers' Charter includes commitments on timely payments, managing payment disputes, overpayments and farm inspections

New Farmers' Charter includes payment commitments

Farmers and the Department of Agriculture Food and the Marine have agreed a new Farmers' Charter, which contains commitments on timely payments, managing payment disputes, overpayments and farm inspections.

Ireland • 03 Jul 24

In a training facility in Roscrea, female tractor drivers spend the day improving their skills and their knowledge of modern tractors

Tractor training course eases path into farming for women

Farming in Ireland was dominated by men for many years, with women taking on secondary roles. However, now women carry the same workload as men and are now receiving dedicated training.

Ireland • 27 Jun 24

Eddie Murphy, M&S Country Director Ireland and Northern Ireland and Tom Brennan, CEO of Dairy Concepts

Dairy Concepts wins new contract with Marks & Spencer

Dairy Concepts, headquartered at the Moorepark dairy research and development campus in Fermoy in Co Cork, has secured a significant international contract with Marks & Spencer.

Business • 26 Jun 24

One message on behalf of grain growers said extreme rainfall last year had caused a "profound impact" on winter crops

Farmers wrote to minister about financial stress

Desperate farmers wrote to Agriculture Minister, Charlie McConalogue, about being left in severe financial hardship because above-average rainfall had left their land damp and sometimes inaccessible.

Business • 25 Jun 24

John Morgan, Group Chief Financial Officer of Dale Farm, Nick Whelan, Group CEO of Dale Farm and Fred Allen, Chair of Dale Farm

Dale Farm profits rise for third year in a row

Northern Ireland dairy co-operative Dale Farm said its net profit before tax for last year rose by 11% to £29.8m, from £26.8m the previous year - its third successive year of increased profits.