Agri-Business
Grain markets were, for the most part, in the green this week. LIFFE, MATIF and Chicago Board of...
The value of Sterling compared to the euro has strengthened considerably over the last month, figures from the ECB show.
Sheep
The number of Northern Irish lambs slaughtered in the Republic of Ireland has almost hit 30,000 head.
Beef
The trade for Irish organic beef has come under pressure since the UK public decided to leave the European Union.
The Sterling/euro exchange rate has taken another step towards parity as significant market movements in China overnight has seen the value of Sterling weaken further.
It is predicted that the value of the Euro against Sterling could fluctuate between £0.75p and parity while the UK sorts out Brexit
Sterling has weakened further since the UK Prime Minister, Theresa May, announced that she would trigger Article 50.
The euro has continued to its upward momentium against Sterling this week with an increase of 0.8% this week.
UK beef prices continued to climb last week as prime cattle prices increased by 1p/kg compared to the week before.
N.Ireland
The recent 15% devaluation of Sterling against the euro is evidence that the short-term impact of...
Brexit is creating short-term opportunities for farmers in Northern Ireland
Sterling is continuing to fall against the euro on the back of a number of key announcements by the Bank of England in recent weeks.
Sterling moved lower yesterday as the Bank of England cut interest rates in an attempt to counteract a looming recession in the UK.
The past week has seen some signs of stabilisation for the UK market, according to Daisy Higgins, of Bord Bia's London Office.
Sterling has been given a welcome boost above the Euro since news broke earlier this week that Theresa May would be installed as British Prime Minister.
Other
The Pound has hit a fresh three-year low against the euro as Brexit concerns continue to see a major sell-off of the currency.
The value of sterling has been rocked again in early trading today as market sentiment continues to be negative towards the currency.
Beef factories have taken a 'wait and see' approach on quotes for next week following the UK's Brexit vote yesterday.
The British Pound has been on the slide against the majority of the 16 most actively traded currencies globally since the start of 2016.
The Irish Government has been called on to immediately take decisive steps to allay the concerns in farming and the agri-food sector about the implications of th UK's vote to leave the EU.
Sterling fell sharply again yesterday as currency markets remain volatile in the face of a looming UK vote on its membership of the EU.
The sterling/euro exchange rate has fallen sharply in early trading this morning on the back of two opinion polls this week showing the "leave" side gaining ground in the Brexit referendum.
With the Brexit referendum just six weeks away, the Bank of England has voted unanimously to maintain its bank rate at 0.5%.
