Substantial rises in input and output costs for farmers
Farmers have faced huge increases in input and output prices over the past year, along with strong gains in cattle and milk prices. The increase in input and output price indices for the last calendar year means September 2021 Terms of Trade of 103.6 is close to the previous year’s figure of 103.8. According to new figures published by the Central Statistics Office (CSO), fertiliser prices have risen by nearly…