There are Irish vegetable growers that have recently paid up to €2,500/ha to acquire suitable land, a Teagasc report has found. Renting land is important from a rotational perspective for the country's vegetable sector, and the price of renting land for field vegetable production has increased significantly as growers compete.
Inflation on crop protection products is variable, with some products increasing by up to 45% in exceptional cases. However, the average price increase for crop protection products is 15%. In relation to vegetable seed, an annual inflation of around 2% is usually expected.
Source: farmersjournal.ie