'Volatile' outlook for tillage
As the combines get set to roll in south Tipperary and east Cork, tillage farmers have been warned they are in for a bumpy ride with prices described as "volatile" on world markets due to major weather events.
After a mixed start to the growing season, the latest Irish harvest production estimates have been revised significantly downwards.
The IFA's grain executive secretary Fintan Conway warned the "cold late spring" is also expected to take its toll on potential yield, while 24,600ha less of the main crop - spring barley - was planted.
"The total crop area for cereals, oilseeds and proteins is back by an estimated 13,700ha," said Mr Conway, with estimates from the EU farming umbrella body, Copa, also suggesting a drop in production right across Europe.
He said total grain production is expected to fall by over 380,000t for this year's harvest to around two million tonnes.
However, prices have strengthened in recent weeks, due to a series of international weather events in key producing regions, including torrential rain in the US and drought in Canada.
Glanbia has been offering €155/t for green wheat and €138/t for green barley.