No such thing as the average Irish dairy farm

JUST how meaningless the “average dairy farm” is has been revealed by a Teagasc analysis of the monitor farms it uses for advice purposes.

On 60 farms, a difference of 100% was found between the highest and lowest net profits per litre of milk produced.

The poorest performing five farms had a net profit of only 10 cent per litre, compared to 20 cent for the top five.