Agri-Business
The benchmark for world food commodity prices increased for the month of September, with quotations up for all groups, according to the FAO
Fertiliser prices were down by 25% in May when compared to the same month in the previous year, according to the CSO.
The FAO world food commodity prices increased for the third consecutive month, with higher prices seen for cereals and dairy
Beef
Global food commodity prices were 10% lower in December 2023 compared to 12 months earlier, according to the FAO of the UN.
Milk prices decreased by over 38% in the 12 months up to October 2023, according to the latest data from the Central Statistics Office (CSO).
Tillage
The total cereal production for harvest 2023 is estimated to be 1.93 million tonnes, which is down by 492,500t compared to the previous year.
The 2020 harvest report published by Teagasc estimates the production of cereals was 1.9 million tonnes in 2020.
Outputs from the cereal sector in Ireland are expected to reduce by at least €100 million this year, following the effects of the drought.
Rising feed demand is set to be one the key drivers behind EU cereal production growing to 341 million tonnes by 2030.
N.Ireland
Most autumn sown cereals in Northern Ireland appear to have come through the winter in good condition
World cereal supply and demand forecasts for the 2016/17 season have been adjusted following increases to production forecasts, the FAO says.
Agri Politics
European cereal exports are expected to be significantly lower in 2016 than in 2015, at close to 44m tonnes
Teagasc will shortly confirm that Irish cereal till age farmers enjoyed record cereal yields in 2015,
