The agricultural output price index has risen by 20.7% in the 12 months to May 2025, according to the Central Statistic Office (CSO).

The most significant increase in output prices during this period was experienced in cattle prices which were up 48%.

The price of wool also saw a significant jump of 31.9% and milk prices were up 14.2%.

Meanwhile, decreases were recorded in potatoes and sheep of 15.1% and 7% respectively.

Inputs

Over the 12 months to May 2025, increases in the input prices were recorded for fertiliser (+10.2%) and veterinary expenses (+4.7%).

Motor fuel and feedstuffs during this period fell by 8.0% and 2.3% respectively.