Bureaucracy is more of an issue for farmers than input costs according to a new report.
IFAC’s Irish Farm Report 2026 found 48% of farmers say regulations are their biggest concern with 44% saying prices.
Overall, 61% of respondents say they are positive for the future of farming despite numerous challenges.
IFAC’s Head of Farm Support Philip O’Connor says there is an interesting breakdown in what is on farmers’ minds.
While CEO John Donoghue commented;“Farming in Ireland is increasingly difficult and complex. There are many challenges in producing great food, managing red tape, and staying in good financial shape. Our report confirms that despite the challenges, Irish farmers remain resilient and confident about the future. It also highlights the significant financial vulnerabilities of our farming communities. The fact that 70% of farmers don’t prepare budgets is a major risk to individual farms and the sector. This financial planning gap is leaving farmers unnecessarily exposed.
He adds; “For those not budgeting and actively managing finances, now is the time to start, and we can help. Our mission at ifac is to turn these findings into action and to ensure our clients succeed on the farm and in business. Our expert advisors have been helping farmers manage their finances and navigate the challenges and opportunities in the sector for the past 50 years. We are here to help farming families make informed decisions, actively budget, and strengthen their business resilience.”
You can read the report in full here.
