Cost of inputs wipes out profits – CSO
Farm commodities are getting better prices now, but unprecedented increases in the cost of inputs are wiping out profits, according to CSO figures. Prices paid to farmers are up nearly 30%, but the hike in input costs is running at 40%. IFA Farm Business Chair Rose Mary McDonagh said. “It’s simply just not sustainable at current levels, and the fear is where costs will go in the months ahead with…