News

Brexit: NI Agri-food industry cautiously welcomes deal

January 6, 2021

There has been a broadly cautious welcome from the NI agri-food industry to a UK/EU post-Brexit trade deal. Food producers were already cushioned from the outcome of negotiations by a separate protocol on Northern Ireland. It means NI will follow EU rules on goods and ensures relatively straightforward access to markets in Great Britain and […]

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NI agriculture review: Covid-19 and Brexit make for a difficult year

January 6, 2021

Covid and Brexit combined to make it a difficult year for our farmers. The closure of bars and restaurants depressed demand for milk and meat. Shutting the marts limited the opportunities to sell livestock – an income lifeline for the industry. Eventually Stormont found cash to shore up farm businesses and fishermen who had also […]

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Pandemic tops trade war in usda payments to farmers

January 6, 2021

In less than nine months, U.S. farmers and ranchers have collected a mammoth $23.5 billion in pandemic relief payments, said the USDA on Monday, more than matching the $23 billion spent by the Trump administration to mitigate the impact on agriculture of trade war with China. Meanwhile, Agriculture Undersecretary Bill Northey called on Congress to […]

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Soybeans and Grains jump in overnight trading

January 6, 2021

Soybean futures again surged in overnight trading as adverse growing weather in parts of South America persists. Dry weather is expected in the short term in the main growing areas of Argentina and across southern Brazil, Weathertrends360 said in a report. Some recovery is expected in parts of Brazil later this month into February, but […]

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