Feed spending rises by 35pc since 2011
Farmer spending on feed has increased by €410m or 35pc over the last two years, according to the latest data from the CSO.
The total farmer spend on feed jumped from €1.175bn in 2011 to a forecast spend of €1.585bn this year.
The figures were carried in the CSO's Output, Input and Income in Agriculture -- Advance Estimate which were released recently.
Commenting on the CSO's findings, ICMSA president, John Comer, said the statistics highlighted input-output squeeze that was still undermining the effect of reasonable product and commodity prices.
"The €400m can now be identified as one of the primary costs of the fodder disaster of winter 2012 into spring 2013 and paying that bill down is probably going to run well into next year," Mr Comer said.
"The second figure that catches our attention is no less stark: the total value of monies paid out through schemes in 2011 was €1.815bn but by 2013 the total value paid out under the same heading has fallen to €1.53bn," he pointed out.
"Again, we're looking at an approximate drop of 15.5pc in just two years in the value of payments made under this heading -- a very drastic cut," Mr Comer added.
"To pretend that farm schemes have been protected from swingeing cuts is just not in accordance with the facts and the CSO statistics prove that. The farms' schemes have been savaged and that tendency cannot be continued into new Pillar II schemes," the ICMSA leader said.