Dairy farming saw the highest increase.
The average farm income rose by 87% last year, to just under €36,000.
Teagasc research shows dairy farming saw the highest increase, at 113%, to an average of over €108,000.
Dry stock farms experienced the lowest increase, with cattle rearing farms up 93%, and beef finishing up 32%.
Trevor Donnellan, Head of Agricultural Economics and Farm Surveys at Teagasc, says while income is up, it's still not ideal:
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