Latest statistics from the CSO on agricultural output and input costs presents a mixed picture for farmers.
Prices farmers received for their produce rose by 8.1%, between March 2022 and March 2023, while input costs rose by 7.7%, according to latest figures from the CSO.
Among the most significant increases within the sector were prices paid for pigs.
Pig prices, which had been very low last year, rose by 52.2%. Elsewhere, cereal prices rose 47.5%, egg prices were up 30% and poultry prices rose 16.4%.
Milk prices, which had been high for much of last year, actually fell 5.4% in the 12-month period.
Prices paid to farmers for their milk have fallen around 15c since the beginning of the year.
The figures from the CSO also include input costs, and present a mixed picture for farmers.
Input costs rose 7.7% from March 2022 to March this year.
The figures show feed prices were up 21.2%, while the cost of seeds rose 7.1%.
Farmers' energy costs fell 4.7%, mainly due to motor fuels falling more than 21%.
Fertiliser prices, which soared in the months after the outbreak of the Ukraine war, actually fell 2.8% in the period.
However, the figures also show that from February to March this year, agricultural output prices decreased 3.8% while input prices in this period also dropped 1.3%.
The monthly Input Price sub-indices show a decline of 5.9% in fertiliser prices.
