N.Ireland
Retail food prices are set to strengthen considerably over the coming months, but this may not translate into better farm gate prices.
Agriculture in Northern Ireland is 15% financially worse off than a year ago, according to Farmers for Action (FFA).
Agri-Business
The recent strengthening of fertiliser prices could boost world grain markets, a senior senior...
Agricultural inputs’ inflation, agflation, has fallen rapidly during the first six months of 2023, according to farm business consultants.
Agflation (inflation with regards to agricultural inputs) now stands at 18.7% annually, according to the Andersons Centre.
According to Ulster Bank’s head of agriculture in Northern Ireland, Cormac McKervey, farm margins are now under a degree of pressure.
The Andersons Centre has confirmed a cost-of-farming squeeze is now a reality within the UK...