March 10, 2022

 

Beef and dairy farmers in Ireland urged to grow crops to offset food supply issues

 

 

Charlie McConalogue, the Ireland's Minister for Agriculture, Food and the Marine, called on beef and dairy farmers to grow more crops to offset food supply issues caused by the Russian invasion into Ukraine, The Guardian reported.

 

In return, Irish farmers are asking the government to provide €2,000 (~US$2,200; EUR 1 = US$1.10) vouchers to assist them with fertilising land for crops and winter fodder.

 

Farming in Ireland is dominated by beef and dairy producers, with 60% of grains imported.

 

McConalogue said that farmers growing grain is the most economical thing to do. This is the first time this has happened since the second world war.

 

Ukraine said it will stop exports of rye, barley, buckwheat, millet, sugar, salt and meat until the end of 2022.

 

Both Russia and Ukraine account for 30% of global wheat and barley exports.

 

Vikki Campbell, a market specialist at the Agriculture and Horticulture Development Board (AHDB), said wheat futures have increased on six consecutive days from GBP 220 ~(US$289.69; GBP 1 = US$1.32) per tonne to GBP 289.50 (~US$381.21) per tonne.

 

Ronald Kers, 2 Sisters Food Group chief executive, the UK's biggest chicken producer, said the cost of raising chickens has gone up 50% since January 2021 and predicted food inflation would exceed expectations.

 

-      The Guardian

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