A national IFA dairy farmers’ conference
The end of quotas will give Irish farmers opportunities to expand and supply a rapidly growing and increasingly affluent global demand for quality, sustainably produced dairy products.
However, these opportunities will not be without challenges. With increasingly volatile dairy commodity, milk prices and input costs, farmers will not just have to sharpen their skills on farming, breeding and feeding, and tighten up their efficiencies, they will also have to become better financial and business planners to cope with fluctuating incomes, whether or not they plan to expand.
Safety and sustainability will also be crucial considerations.
Opened by IFA President Eddie Downey, who set out the policy environment for dairy growth, the Conference was addressed by an array of expert speakers on farm resources, financial planning and agri-taxation, accessing credit, farm safety, the new Bord Bia dairy sustainability audits and instruments to deal with margin volatility.
Glanbia and IDB speakers outlined the current market outlook and their plans for new markets and products for the growth milk.
This was a Conference not to be missed, but if you did, the programme and presentations are set out below.
SESSION 1 – RESOURCES, FINANCE, TAXATION
Laurence Shalloo – Teagasc Assessing and managing farm resources: how much milk should I produce to be profitable?
Declan McEvoy – IFAC Managing finance, planning budgets and cash-flow, legal farm structures
Anne-Marie Butler – Ulster Bank Securing credit: the application process
Rowena Dwyer – IFA Agri-tax review and Budget 2015
SESSION 2 – FARMING SAFELY AND SUSTAINABLY
Pat Griffin – HSA Safety-proofing your expansion plan
Michael Maloney – Bord Bia SDAS audit – the key issues
SESSION 3 – MARKETS, VOLATILITY AND INDUSTRY DEVELOPMENT PLANS
Catherine Lascurettes – IFA Price risk management instruments
Sean Molloy – Glanbia GIIL The GIIL experience: supplier relationship and investment plan
Fergal McGarry – Irish Dairy Board Developing new products and markets