Search

03 Oct 2022

CSO figures show pressure on farm families

IFA

IFA stock image

IFA President Tim Cullinan said this week’s CSO figures show the gap is widening between the cost of inputs and what farmers are getting.


Output prices are struggling to keep pace with the surging price of inputs.
“For the first time this year, aggregate prices paid to farmers, particularly among the low-income drystock sectors, have fallen.


“This is at a time when inputs have risen nearly 40%. Fertiliser is up 133%; energy has risen 51% and feed costs are 34% higher,” he said.

The IFA President said farm businesses cannot continue to absorb the gap between the cost of producing food, and what they are paid.


Ahead of IFA’s pre-Budget meeting with Oireachtas members, he said Government will have to bring forward a range of targeted measures in Budget ’23.


“Given what lies ahead on energy prices, and the huge increases in other inputs, the farming sector will need support to keep its head above water.


“We have held meetings with Ministers Donohoe, McGrath and McConalogue to emphasise the very serious pressures that exist.”
He said the IFA reinforced the message about challenges to the sector at their briefing on Wednesday.

To continue reading this article,
please subscribe and support local journalism!


Subscribing will allow you access to all of our premium content and archived articles.

Subscribe

To continue reading this article for FREE,
please kindly register and/or log in.


Registration is absolutely 100% FREE and will help us personalise your experience on our sites. You can also sign up to our carefully curated newsletter(s) to keep up to date with your latest local news!

Register / Login

Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.

Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.