Ulster Bank’s senior number cruncher in the North, Richard Ramsey, has said that farmers and producers can expect to see a marked slowdown over the next year or two.
“The fact that sterling is continuing to strengthen against the euro means there is ongoing pressure on prices, and there will clearly be some losers in the farm sector.
"Volatility in global commodities and fluctuating exchange rates are combining to apply the brakes on the north’s agri-food sector.
However as with all forecasting , one has to take the projections with a pinch of salt. No-one has a crystal ball that actually works! It’s all just opinion.
