Oireachtas Joint and Select Committees

Tuesday, 3 February 2015

Joint Oireachtas Committee on Agriculture, Food and the Marine

Dairy Industry (Resumed): ICOS and Positive Farmers

2:00 pm

Mr. Michael Murphy:

I would add a few comments on that issue. The top 5% of farmers are more than three times as profitable as what would be regarded as general average.

Second, I will throw out some interesting recent information from the United Kingdom in respect of the different approaches, namely, the grass-rich and the grass-poor approaches. While the very best farmers can skin the cat in almost any way, I refer to the average industrial wage in the United Kingdom. In the case of those people who, broadly speaking, were following the grass-rich route - it was not very rich but with a reasonable amount of grass of more than 50% - it took 127 cows to make the average industrial wage. In the case of people who were more to the right on the graph we presented, it took 459 cows to make the average industrial wage. Moreover, in a year like this, even if one had 10,000 cows one still would be making a huge loss.