date:Jul 27, 2012
Agri-food industry representatives were told at briefing that many Irish farmers would experience a drop in income in 2012, according to the Agriculture and Food Development Authority Teagasc.
The drop is said to be down to the drought in the US and poor weather conditions in Europe, which have reduced grain harvest potential. According to Teagasc, the reduction in grain will cause an increase in grain and animal feed prices.
However, a 15% rise in beef and lamb prices is said to help Irish me