The group expects the cost pressures on businesses from energy price spikes and global supply chain disruptions to alleviate but that the Omicron variant could prolong the crisis

The IFA and ICMSA have welcome Department of Agriculture relief measures targeting farmers worst-hit in those areas most severely affected by the recent floods.

The European Commission has launched a 12-week public consultation on the greening measures introduced in the 2013 reform of the Common Agricultural Policy.