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Farmers benefit from 200% potato price increase

The Agricultural Price indices for March 2013, released today by the Central Statistics Office, s...
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13.00 15 May 2013


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Farmers benefit from 200% pota...

Farmers benefit from 200% potato price increase

Newstalk
Newstalk

13.00 15 May 2013


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The Agricultural Price indices for March 2013, released today by the Central Statistics Office, show a rise in the price paid to farmers for potatoes, cereals, and pigs.

Potatoes, at 209%, was the greatest rise with cereals at 30% and pigs at 14%.

Deputy President of the Irish Farmers Assoication, Eddie Downey, says this trend needs to continue to ensure the sector's survival.

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The overall figure, the total price paid for all produce combined, was up 8% on March 2012 and up 2% from last month.

However, farmers were paying more to run their farms, with a similar 8% increase in the index for last year.

Electricity was up 9% from last year, and feeding stuffs for most animals up roughly a fifth due to the recent fodder price.

Eddie Downey says that supplies of fodder from abroad are beginning to slow.

 

The index, released monthly, has shown a steady rise in both input and output prices over the past two years.

You can have a look at the results at CSO.ie.


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