Farmers badly hit- businesses hurt
THE WASHOUT summer is causing havoc for Limerick businesses, and shoppers may be looking at food price hikes as farmers struggle to provide produce.
More than 5,000 beef and dairy farmers in Limerick are having to pay out for feed supplements and they will be looking at even bigger bills when winter closes in, it has been predicted.
But consumers are winning in other areas, with over stocked department stores and garden furniture suppliers having to slash prices to tempt buyers.
Met รireann says that June was the wettest since records began,
The last five weeks of wet conditions in Ireland and the severe weather front in the United States are affecting the cost of food production, warns Vincent Carton, managing director of Carton Bros and member of the Bord Bia Quality Assurance. He says it is only a matter of time before the consumer sees the impact.
โAs a company and an industry we are under severe pressure with the rising cost of wheat and many other cereals as they have a direct impact on the cost of producing chicken,โ said Mr Carton.
โWe have already absorbed the increases in costs for gas, electricity and others such as diesel, which has led to increased distribution costs. However, these pale to insignificance compared to the increase in the cost of feed. Feed represents just overโ 50 per cent of the cost of a chickenโ.
The County Limerick chairman of the Irish Farmers Association, Eddie Scanlan, said farmers are facing a โvery serious situationโ which will cost an estimated โฌ160 million nationally.
โAbout half of farmers havenโt got any silage in. The weather broke at the very worst time, when the silage season should have been coming into full swing. Itโs absolutely chaotic. And then without a first cut thereโs no aftergrass. What grass there is, is not of a quality that animals can get proper nutrition from, so farmers are bringing their cattle back indoors and feeding them in the middle of July. Thatโs never doneโ.
And many beef factories are โtaking advantage,โ he claimed, offering 10 cents per kilo less this week as farmers struggle to get animals to put on weight.
Meanwhile, the heat has been turned up on department stores desperate to shift summer clothes, with many giving up to 70 per cent off
Caroline Whelan of โA Room Outsideโ in the East Link Business Park, said that while sales of barbecues havenโt suffered, garden furniture has.
โYou donโt have to have sunshine to barbecue but you do to sit outside. Weโve reduced all our our garden sets by up to 25 per cent.
And holidaymakers are taking to the skies, Limerick Travel has confirmed.
โThereโs a big increase in last minute bookings,โ said Shane OโDonoghue.
โPeople want sunshine,โ he told the Limerick Post
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