Even allowing for some supporting of milk prices in early 2016, co-ops should be in a comfortable position to hold prices at least until spring, and should even examine their overall 2017 financial situation to consider the payment of end-year bonuses.
IFA President Joe Healy today (Wed) said that CSO estimate for farm income in 2017 points to mixed fortunes with a significant improvement for dairy farmers and very real income pressures in other sectors.
Speaking from Buenos Aires, Argentina, where the EU-Mercosur trade discussions are on hold until the New Year without agreement, IFA President Joe Healy said the serious threat from a bad deal on beef and poultry has not gone away.
IFA Farm Forestry Chairman, Pat Collins said forests that are actively managed and thinned regularly encourage the strongest trees to thrive, are healthier, capture more carbon and generate more income for owners.
To encourage commercial forestry farmers can benefit from a range of tax incentives designed to encourage investment. IFA has developed a guide to woodland taxation to assist farmers in understanding their tax options and obligations.