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2012-01-25

RAPIDLY ESCALATING FUEL AND ENERGY COSTS THREATEN SUSTAINED AGRICULTURAL GROWTH

IFA President John Bryan said that rapidly escalating fuel and energy costs threaten sustained agricultural growth, job creation and Ireland’s prospects for recovery given our over reliance on imported energy, export dependence and distance from market. The Government and EU must take action to ensure that energy prices become more competitive and that speculative investment in oil products is contained.

2012-01-24

IFA PRESIDENT SETS OUT ASSOCIATION’S POSITION ON THE EURO

IFA President John Bryan told this week’s AGM that he believes Ireland’s interests are best served by the survival of the euro. He said, “We support the Government’s position that the way forward for the euro must include a sustainable path for recovery and growth in Ireland and in Europe. I have seen for myself in Argentina the devastating impact on businesses and families of a sovereign default. There is no soft option in getting out of the Euro.”

2012-01-24

WEAK EURO A MAJOR BOOST TO DAIRY EXPORTS – KIERSEY

IFA National Dairy Committee Chairman Kevin Kiersey today (Tues) said that, since last April, the euro had weakened by over 11% against the US $, and by 6% against Sterling. He said this was equivalent to a return boost of 4c/l on SMP and butter exported onto the world market, and just over 2c/l for exporters of cheddar cheese to the UK.

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