The Future of Irish Dairy Farming – The Implications of Agenda 2000 and a Booming Economy

Thia C. Hennessy

No 6941, 13th Congress, Wageningen, The Netherlands, July 7-12, 2002 from International Farm Management Association

Abstract: The future of dairy farming in Ireland is examined. The effects of a strong macroeconomy, Agenda 2000 and domestic policy on milk quota transfer are analysed using linear programming and Markov Chain analysis. Results show that all farms are subjected to a price-cost squeeze. Smaller dairy farms are pushed and pulled out of farming. Larger farms survive by expanding operations but do not enjoy the increases in income realised elsewhere in the economy.

Keywords: Agricultural Finance; Demand and Price Analysis; Farm Management (search for similar items in EconPapers)
Pages: 16
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ifma02:6941

DOI: 10.22004/ag.econ.6941

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