Teagasc: A Pillar in Ireland's Dairy Industry

Company Overview

Teagasc serves as the agriculture and food development authority in Ireland, significantly contributing to the country's dairy industry. Headquartered at Oak Park, Carlow, Teagasc operates an extensive network of research facilities across the nation, including the Moorepark Animal & Grassland Research and Innovation Centre in Fermoy, Co. Cork, the Teagasc Food Research Centre in Ashtown, Dublin, and the Environment Research Centre at Johnstown Castle, Co. Wexford.

Financial Performance

In 2022, Teagasc reported a turnover of approximately €200 million. The organization is primarily funded through government allocations, supplemented by income from its advisory, research, and educational services. The year posed financial challenges for supported farms due to increased operational costs, although there was a rebound in dairy farm incomes thanks to a reduction in expenses such as feed and fertilizers.

Significant Events

The 2022 annual report from Teagasc highlighted the decline in farm incomes due to rising input costs and market volatility. Nonetheless, dairy farm incomes saw a resurgence. Teagasc's involvement in the Sound Cow Innovation Programme underscores its commitment to advancing agricultural practices. Furthermore, the release of an economic report projected a potential €1.5 billion impact on Ireland's economy if the country were to lose its nitrates derogation, illustrating the link between environmental regulations and economic stability in the agricultural sector.

Strategic Initiatives

Teagasc is focused on promoting sustainable farming practices to mitigate climate change. The organization invests in research and technology aimed at enhancing productivity while minimizing environmental impacts. It also seeks to expand educational programs for farmers and agri-professionals and to enhance collaboration with international research bodies for knowledge exchange. Additionally, Teagasc supports initiatives that integrate low-carbon power with dairy production, with political backing from figures such as Minister Noel Grealish.

Notable Insights and Events

Professor Olivia McAuliffe has highlighted the importance of reusing dairy by-products, aligning with Teagasc's sustainability goals. The Teagasc National Dairy Conference is a key event for addressing industry challenges and opportunities. Symposia on milk drying technology and recombined dairy products further demonstrate Teagasc's commitment to advancing the dairy industry. A report released on December 2 noted that dairy farmers achieved the highest farm income in 2025, with an average increase of 26% to €137,000. It highlighted a typical dairy net margin of about 21c/L, an increase from the previous year. However, a forecast of a 45% drop in farm margins by 2026 was noted, indicating ongoing challenges in the market. The organization has been cited by the ICMSA President for its analysis on farmers' margins, showing that farmers have been operating with unsustainable margins for decades.

Modified: 2026/01/08