Dairy
Overall milk prices for 2020 will hinge on further Covid-19 developments, according to a new outlook report from Teagasc.
Average net margin for Irish dairy farms in 2020 is likely to be about 10c/L, but this figure will depend on grass growing conditions and input requirement.
Agri-Business
Irish food and drink exports reached €13 billion for the first time in 2019, according to Bord Bia's Export Performance and Prospects Report.
Although there has been some recovery in EU dairy prices over the past year, the European Commission's EU Agricultural Outlook report suggests that it could be a difficult year ahead.
