A surge in labour, fuel, machinery and insurance costs is being blamed for increased costs.
Farming contractors are set to charge interest on unpaid farming accounts, as they struggle with a rise in expenses.
The Association of Farming Contractors says a jump in labour, fuel, machinery and insurance costs has forced an increase in their service prices for clients.
Chief Executive of the Laois-based group, Michael Moroney, says they're under further pressure due to non-payment from farmers.
He says having no farming bank or official banking structure in Ireland is at the heart of the issue - and they have to start charging interest on overdue accounts:
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