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.

1. Harnessing the opportunity
Matthew Dempsey
Chairman, The Agricultural Trust

2. 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

3. Importance of the Single Farm Payment
0
25
50
75
100
125
150
Dairy Tillage Sheep Cattle
Rearing
Cattle Other
SFPasa%ofFarmIncome
2009 2010 2011 Average
Source: Teagasc

4. Average income by system
Source: Teagasc
0
10,000
20,000
30,000
40,000
50,000
Dairy Tillage Sheep Cattle
Rearing
Cattle Other
€farm
2010 Min Mid Max

5. Bord Bia Food Alert
UK
Italy
France
Ireland

6. Cattle Prices per 100kg (euro)
50
100
150
200
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Bullocks 550kg+

7. CSO - Cereals
70
90
110
130
150
170
190
210
1974
1976
1978
1980
1982
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
Feed barley (per 100kg)

8. Milk price (c/ltr)
0
5
10
15
20
25
30
35
40
1976 1978 1982 1984 1986 1990 1994 1998 2002 2006 2009 2011 2012 2013
Milk price c/ltr

9. Dairy Farms
Source: Teagasc
0
10
20
30
40
50
60
70
80
90
100
%gaining change <10% Loss Gain
%offarms
Min Mid Max