Dr Emma Howard

speaker

282 appearances 4 recordings 1 series first heard Apr 2026 last heard 25 Aug

Dr Emma Howard’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 4 in all, peaking in Apr 2026 with 2.

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Today with David McCullagh · Food prices likely to rise again, says the ESRI · 25 Jun 2026 podcast

So, you know, obviously farmers need to use fuel.

for all of their machinery and so on.

But there's also those indirect effects in terms of the fertilizer costs.

So not directly a result of the oil shock, but a result of the conflict and the gas shocks in particular, because natural gas is an input into those fertilizer costs.

So we know fertilizer, there's been a reduction in the supply,

And a knock on impact on the cost of fertilizer and then feed as an input has increased as well.

So all of those combine to mean that we're going to have higher food prices and a lot of those are just feeding into the production.

So if you look at fertilizer, for example, and the timing of this energy.

the conflict in Iran means that the fertilizer in Ireland, most of it or almost half of it is sold between April and June.

And that was exactly at the time that these higher prices were being experienced by farmers.

But those products that they were using the fertilizer to make aren't going to hit our supermarket shelves until later on this year.

Exactly.

And there's also a knock on impact in terms of the transport costs, because of course, you know, how the food is produced is one element, but of course, how it's transported.

And, you know, in Ireland, obviously we get most of our food is transported by trucks and by mostly diesel trucks.

But similarly, a lot of those products that are shipped, so a lot of the global commodities that we buy,

Shipping costs have increased.

So even though the Strait of Hormuz is open or, you know, if it remains open, that shorter route will be possible for shipping.

But the knock on impact is that insurance prices for shipping have increased significantly.

hugely because of this conflict and the increased geopolitical risk.

So we're going to see those higher insurance prices for shipping are here to stay for at least the short to medium term.

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