The economic implications of Pillar I CAP reform implementation

New Teagasc research indicates that Pillar I reform will not change the number of Irish farms that are economically viable

The analysis by Teagasc examines the impact of implementation of Pillar I under the new agreed CAP strategic plan for Ireland 2023-2027

Fiona Thorne, Trevor Donnellan and Kevin Hanrahan

Recent research undertaken by economists at Teagasc suggests that the January 2023 adjustments to Pillar I of the new Common Agricultural Policy (CAP) will not result in a significant change in the number of farms that are economically viable.

The analysis outlined in new research published by Teagasc examines the impact of implementation of Pillar I under the new agreed CAP strategic plan for Ireland 2023-2027.