Head of Agri at Bank of Ireland Eoin Lowry outlines how the sector fared in the first half of 2021.
Summary:
Agricultural commodity prices and hence farm gate prices have risen significantly over the past 12 months and are reaching near decade highs, lifted by the global economic rebound and improved growth prospects.
The price trend is likely to continue through the rest of the year, however some uncertainty remains as various risks lie underneath the expectations of continued higher demand, from China to weather disturbances.
Agri Sector H1 Insight & Outlook 2021
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