'Few signs of any relief' in 2023 from high production costs this year

In 2022, farmers faced considerable uncertainty relating to input and output prices, which had an impact on production decisions.

Teagasc economists, in a new report published on Tuesday, forecast no significant change in production costs across all farm sectors next year.

There are "few signs of any relief" in 2023 from the high production costs that were experienced in 2022. 

Teagasc economists, in a new outlook report published on Tuesday, forecast no significant change in production costs across all farm sectors next year.