The recent strong surge in global corn and soybean prices is set to have a further upward impact on meat and dairy commodity prices, and ultimately on Irish food exports, in 2013 and beyond. In the meantime, Irish export values for 2012 are being affected by the continuing volatility in markets, with dairy product prices still some 25% off their March 2011 peak as measured by the FAO, although the impact has been softened somewhat by more favourable exchange rates.
