Focus on dairy masks deep regional disparities
Is Ireland placing too big a bet on dairying?
The fact that the number of dairy calf births has increased by 40pc, or over 330,000, since 2010 is a startling statistic.
It highlights just how big a wager Irish farmers have placed on milk being their meal ticket for the next 25 years.
And who can blame them? The numbers in Teagasc's farm viability report that was published yesterday only serve to emphasise the gulf that has emerged between dairying and drystock enterprises.
While 80pc of dairy farmers are considered viable, it is the exact opposite in beef farming where farmers are not able to make enough to sustain a family and continue reinvesting in the farm.
It's not as if the economists who wrote the report were setting the bar particularly high.
They deemed a farm to be viable if it was able to generate an income of €19,167 per labour unit, along with providing a 5pc return on the machinery and livestock.
There is also a huge regional disparity in farm viability.