Monday, July 28, 2008

Irish Agriculture

Here's an interesting article with a splattering of facts about Irish agriculture. It seems that it's heavily subsidized by the EU and mostly dairy and beef. Farmers may rely on the EU for half their income. Irish farmland is expensive, at 60,000 euros. When one converts euros into dollars and finds that's close to $100,000, one is astounded. When one wakes up to the fact that hectare is the unit of land measure, it means that an acre of Irish farmland only costs $40,000 or so.)

The article is keyed to the possible impacts of a big cut in subsidies coming out of the Doha round on trade barriers.

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