Farmers Journal CAP meeting: Matt Dempsey
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Harnessing the opportunity Matthew Dempsey Chairman, The Agricultural Trust
description
Matt Dempsey's slides from the Farmers Journal CAP meetings. With the key decisions on CAP reforms now in place, how the new system will work is becoming clear. In this series of CAP meetings, the Irish Farmers Journal is aiming to provide farmers with information on all aspects of CAP and how it will impact your direct payments for the next six years.
Transcript of Farmers Journal CAP meeting: Matt Dempsey
Harnessing the opportunity Matthew DempseyChairman, The Agricultural Trust
Income & Production Analysis
• Income analysis – static
– SFP component of income changing
– Profit from production is assumed constant
• Production – proportion of gross output in value
terms
– Regardless of farm type
Source: Teagasc
Importance of the Single Farm Payment
0
25
50
75
100
125
150
Dairy Tillage Sheep CattleRearing
Cattle Other
SF
P a
s a
% o
f F
arm
In
com
e
2009 2010 2011 Average
Source: Teagasc
Average income by system
Source: Teagasc
0
10,000
20,000
30,000
40,000
50,000
Dairy Tillage Sheep CattleRearing
Cattle Other
€ farm
2010 Min Mid Max
Bord Bia Food Alert
UK
Italy
France
Ireland
Cattle Prices per 100kg (euro)
19761977
19781979
19801981
19821983
19841985
19861987
19881989
19901991
19921993
19941995
19961997
19981999
20002001
20022003
20042005
20062007
20082009
20102011
20122013
50
100
150
200
Bullocks 550kg+
CSO - Cereals
19741976
19781980
19821984
19861988
19901992
19941996
19982000
20022004
20062008
20102012
70
90
110
130
150
170
190
210Chart Title
Milk price (c/ltr)
1976 1978 1982 1984 1986 1990 1994 1998 2002 2006 2009 2011 2012 20130
5
10
15
20
25
30
35
40Chart Title
Dairy Farms
Source: Teagasc
0102030405060708090
100
%gaining change <10% Loss Gain
% o
f fa
rms
Min Mid Max
