Saturday, July 2, 2022

Farmers affected by diesel and recycling price hike

Farmers making silage face a 40 percent increase in the cost of recycling farm plastics, while the price of agri-diesel has gone up to 130c/L in recent times.

The cost of silage crops is also rising in some areas for farmers and contractors who have seen a significant rise in agri-diesel prices in the past few months.

Now, farmers clearing their yards of last year’s silage wrap and pit cover face additional costs as Irish Farm Film Producers Group CLG (IFFPG) has raised a collection fee of €50/50 at the centers due to rising energy and fuel costs. t to €70/t. Costs associated with the war in Ukraine.

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It is also understood that the minimum fee at the fetching centers will increase from €25 to €35 per half-tonne.

talking to farming independent, IFFPG CEO Liam Moloney confirmed that the group was forced to raise the fee because its costs had “increased” significantly due to rising fuel and energy prices over the past few months. Input costs continued to rise and IFA Farms Business Chair, Rose Marie McDonagh said agri-diesel prices were now in the region of 126c-129c/L, while
Plastic was €110-€115/roll, up from €70-€80/roll last year.

Michael Moroni of the Association of Farm and Forestry Contractors (FCI) said its members had reported that agri-diesel had increased from 124c/L (inc VAT) last week to 130c/L at the closing price.

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He also said that heavy crops meant that it was taking 24-25 litres/acre to cut silage, which was 15/16 litres/acre three weeks ago.

Agriculture Minister Charlie McConaughey warned at Dell last week that with regard to removing the excise duty on green diesel, “there is no more room to change it because we have now removed it”. The price hike comes after the minister announced a payment of up to €1,000 to help farmers cover rising costs and ensure adequate fodder supply this winter.

Nation World News Desk
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