Weakening euro aids food exports as farm incomes rose 27% in 2011
Launching the IFA Farm Income Review 2011, Ms Dwyer noted that farm incomes have increased by around 27% in 2011 up to €21,500, based on statistics from the CSO, Teagasc and the Department of Agriculture, Food and the Marine.
The IFA analyst said that the weakening of the euro in early 2012 is providing a welcome competitiveness boost for agri-food products. However, the underlying uncertainties in the eurozone, and weakness in the British market, remain a concern for product prices and incomes for the year ahead.
