Mushroom growers seek currency crisis relief from EU

Brussels is being urged to provide support for mushroom producers who have been badly hit by the duration and extent of the sterling depreciation arising from Britain’s decision to exit the EU.

Irish Farmers Association (IFA) president Joe Healy said a sudden and sustained depreciation of sterling, which is as a direct result of the British vote, has had a very negative impact on the price returned to producers here in Ireland.

“Mushroom contracts are negotiated in sterling and prices are forward agreed, generally for contract periods of up to 12 months,” he said.