CSO: Cattle prices up 40% in year to March
The Agricultural Price Indices March 2025 report, published today (Wednesday, May 14), also shows sheep prices rose by 4%, pig prices also jumped by 4% and poultry prices increased by 3%.
The data highlights that milk prices were up 18% on March 2024 levels, while egg prices rose 4%.
The output price indices for potatoes dropped by 9%, vegetables were down 1.6% and cereals (including seeds) were marginally back compared to March 2024.
The report finds that over the 12 months to March 2025, reductions in the input prices were recorded for feed (-5.5%), seeds (-2%), energy (-1%) and motor fuels (-1%).
However, overall fertiliser prices rose by 4%, with straights up by 7%and compounds up 3% in the year.
There was a 5% increase in the cost of veterinary expenses compared to March 2024, while plant protection products rose 3%.
CSO
In the 12 months to March 2025, the Agricultural Output Price Index rose by 21%, while the Agricultural Input Price Index fell by 1.5%.
The Agricultural Output Price Index for March 2025 was up by 2.2% in the month since February 2025, while the Input Price Index was up by 0.8%.
The CSO said that terms of trade (the ratio of export prices to import prices) rose by 1.4% in March 2025 when compared with the previous month and was 22.7% higher when compared with March 2024.
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