Teagasc releases 'Situation & Outlook' Report


According to Teagasc, the 'mid-year update is a supplement to the annual Situation and Outlook published by Teagasc in December 2015.

Teagasc releases 'Situation & Outlook' Report

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  • 3 years ago

According to Teagasc, the 'mid-year update is a supplement to the annual Situation and Outlook published by Teagasc in December 2015.

Teagasc have released a full brochure on their 'Situation and Outlook' after July 2016. Click here to see the document in full.

According to Teagasc, the 'mid-year update is a supplement to the annual Situation and Outlook published by Teagasc in December 2015. It begins with a summary of current economic conditions, looking at the international macroeconomic picture, recent exchange rate developments and movements in energy prices'.

"It then provides a summary of the developments that have taken place in commodity markets in the first half of 2016. Finally, there is an assessment of the performance of the main farm systems in that period. The report then takes a short term outlook perspective to year end, assessing likely future developments and how they would influence commodity prices, production costs and farm profitability."

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