Teagasc: A Pillar in Ireland's Dairy Industry

Company Overview

Teagasc, the agriculture and food development authority in Ireland, plays a crucial role in the country's dairy industry. Headquartered at Oak Park, Carlow, the organization operates an extensive network of research facilities nationwide. These include 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 receives funding primarily from government allocations, augmented by income generated through its advisory, research, and educational services. However, the year was marked by financial challenges for supported farms due to increased operational costs.

Significant Events

The 2022 annual report highlighted declining farm incomes as a result of rising input costs and market volatility. Nevertheless, dairy farm incomes experienced a resurgence, aided by a slight reduction in costs such as feed and fertilizers. Teagasc's dedication to advancing agricultural practices is evident through its involvement in the Sound Cow Innovation Programme. Furthermore, Teagasc released an economic report outlining a potential €1.5 billion economic impact on Ireland if the country were to lose its nitrates derogation, underscoring the interconnectedness of environmental regulations and economic stability in the agricultural sector.

Strategic Initiatives

Teagasc is committed to promoting sustainable farming practices to combat climate change. The organization invests in research and technology to enhance productivity while minimizing environmental impacts. It is also focused on expanding educational programs for farmers and agri-professionals and enhancing 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 emphasized 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, while symposia on milk drying technology and recombined dairy products further demonstrate Teagasc's commitment to advancing the dairy industry. The organization's proactive stance in addressing environmental concerns is reflected in its efforts to create an evidence base supporting strategies that align with national climate targets.

Teagasc's 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. The report highlighted a typical dairy net margin of about 21c/L, a rise of approximately 4c/L from 2024. However, a forecast of a 45% drop in farm margins by 2026 was also noted, indicating ongoing challenges in the market.

Modified: 2025/12/16