Rising food prices: Just a blip or here to stay?

"Inflation has risen by 10%, but how much further will it have risen by this time next year?” asks a Teagasc specialist

The Butter Market, Cork, 1927. A century ago, this market was setting the world price of butter. Picture: Irish Examiner Archives

Dr Kevin Hanrahan, of Teagasc, looks at the many factors impacting farmgate and wholesale food prices. He talks to John Daly. 

Dr Kevin Hanrahan, Teagasc, says Irish dairy is ‘hyper export orientated’, as the bulk of what we produce goes overseas.