IFA warns grain production’s future in doubt as returns fall below costs

AS fine weather boosted harvest work in many parts of the country yesterday, the Irish Farmers Association warned that the future of grain production is in doubt for many growers.

IFA warns  grain production’s future in doubt as returns fall below costs

Crop returns for two years running will fall well below the cost of production, it said, pointing out that that between 40,000ha and 50,000ha of land is estimated to have disappeared from grain production after last year’s harvest.

IFA Grain Committee chairman Colum McDonnell said most growers will lose between €40/t to €50/t based on current indicated prices of €90 to €100/t for this harvest.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited