Agricultural diesel is currently trading in the region of 25c/l more expensive than the same period in 2020, while the increase in carbon tax (around 2c/l) announced in the 2021 budget has now also come into effect. We estimate that the combined impact on modern silage contracting outfits will total an additional €864/day.

This increase in carbon tax, now in play since 1 May, has added an additional €7.50/t C02 which equates to around 2c/l of agricultural diesel.