In general most dairy farmers have had a relatively good year but since July there has been a downward trend in milk prices which has only accelerated in recent months.

Teagasc has forecast that 2025, on average, will likely be “the second most profitable year on Irish dairy farms after 2022”.

However as co-ops and processors have repeatedly highlighted since the summer months milk supply growth is outpacing demand which in turn is hammering commodity prices.

In this episode of AgriFocus Francess McDonnell chats to Tom Booijink, a senior dairy specialist with Rabobank, focused on Europe and Africa on what the outlook may be for Irish dairy farmers in 2026.

Tom has warned that it is likely that next year “will start with low milk prices” and it could be challenging to begin with.

But he believes demand for dairy remains good and “for the longer term” he is optimistic.

Go beyond the headlines with our podcast series – AgriFocus – where we take a closer look at some of the key issues that directly impact on farmers, rural communities and the agri-sector.