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The biggest spend in the IFA last year was on staffing costs, which totaled €6.12m, up from the €5.77m spent in 2023.
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A delegation is to travel to Ireland early next year to hear farming organisations' concerns on Mercosur.
The overall cost is being driven mainly by the price of turkey, according to research firm Kantar.
A potential new calf boat, next Monday's Kerry vote and a devastating dog attack on sheep in Co Galway are among this week's topics on the Farming News Podcast.
Limiting animal road journey times, increasing space allowances on lorries and minimum travel ages are among the new calf transport proposals.
The Commissioner for Agriculture will bring forward plans targeting the burden of excessive farmer paperwork next year.
The optics of the EU doing a deal that brings South American beef into Europe may be the straw that breaks the camel's back.
Adam Woods takes a look at what happens next with the controversial Mercosur trade deal.
The meat industry umbrella group Meat Industry Ireland (MII) has also rejected the Mercosur deal.
There has been a mixed and sometimes muted political reaction to the Mercosur trade deal.
