Concern grows as fertiliser prices soar by 52% 

Motor fuel prices jumped up 36%, electricity is up by 15% and feed costs are up by just over 14%

Despite an increase in food prices, the surging input costs have ensured farmers are worse off.

Concern continues to grow that 2022 will be defined by “soaring” input prices, with policymakers being urged “to step up with measures to address the issue”.

New figures this week from the Central Statistics Office show that farm input prices increased by 15.7% between October of this year and October 2020.