Farm incomes were generally higher in 2019 thanks to a sharp reduction in the volume of feed used on livestock farms last year, according to new figures from farm accountancy firm ifac.

In 2018, the poor spring and summer drought resulted in a fodder shortage that forced most livestock farmers to significantly increase their annual spend on feed. By comparison, 2019 proved to be a much better year weather-wise, which allowed farmers to reduce spending on rations.