Covid-19 has reduced agri-food business confidence

One third of food and agribusiness SME owners  would consider selling out

A  telephone survey of 190 food and agribusiness SME owners  in June and July indicated a sharp fall in confidence compared to last year.

One third of owners of Irish food and agribusiness small and medium-sized enterprises would consider selling their business, compared to only 20% in 2019. 

The third annual Food and AgriBusiness Report published by ifac also indicates that optimism in the sector has fallen to 55%, compared to 74% last year.