Milk

Ireland/EU: IRISH MILK DELIVERIES UP 28% IN MARCH

Irish milk deliveries are estimated at 582.5m litres for March, according to latest figures from the CSO, 28.3% higher than in March last year. Comparing the March 2016 milk produce figures with those for March 2015 shows that total milk sold in Ireland for human...

Ireland: MILK IMPORTS FROM NORTHERN IRELAND SOAR

The volume of milk moving from Northern Ireland to the Republic of Ireland has increased 50% in the past 5yrs to well over 500m litres in 2015. This milk is for sale as liquid milk, mainly in Dublin, and for processing by Irish dairy co-ops....

IRELAND: LIQUID MILK SUPPLIES BEING ERODED

With returns from the retail sector waning, increasing numbers of Irish producers have been reducing their commitment to liquid milk or adapting their calving patterns to their contracts, threatening liquid milk supplies as focus is switched to cheese and other markets. Dairy calf births were...

Ireland: DECEMBER MILK DELIVERIES UP 31%

Irish milk deliveries for December were up 31% to 185,000 tonnes, according to latest data from the  Irish Central Statistics Office. This is 25% ahead of the 3-year average. Cumulative deliveries for the 2015 calendar year total 6.60m tonnes, up 13.4% from 2014. Irish SMP production...

GLANBIA LAUNCH NEW €35.6m MEMBER PRICE SUPPORT

The board of Glanbia Co-op announced on Wednesday 27th Jan the creation of a “2016 Member Support Package” worth at least €35.6m. This is in addition to the estimated €30m support paid to members for 2015. Chairman of Glanbia Co-op, Henry Corbally, said: “The current weak...

Ireland: MORE CO-OPS HOLD THEIR PRICES FOR DEC SUPPLIES

Carbery Co-op are holding their December price at 26.9c/litre and Dairygold are holding theirs at 25.5c/litre for December supplies. Aurivo are holding their December milk price at 25.0c/litre, the fourth consecutive month that they have left their farmgate milk price unchanged...

Ireland: ORNUA TO PAY OUT €15m TO SUPPLIERS

Having sold DPI Specialty Foods, Ornua/IDB have announced they will pay an additional cash bonus of €15m to their member suppliers, the Irish milk processors. Ornua sold a majority stake in DPI, a US speciality foods distribution business, to Arbor Investments in December 2015 and...

Ireland: DECEMBER MILK PRICES HELD SO FAR

Glanbia, Lakeland Dairies and Kerry Group are holding their farmgate milk price for December supplies of milk. Kerry are at 25.00c/litre, Lakeland at 26.25c and Glanbia at 25c (including a signed-up member bonus of 1c)....

Ireland: CO-OPS SUBSIDISED DAIRY FARMERS BY €100m IN 2015

A survey by the IFJ concludes that Irish dairy co-ops subsidised milk prices by 2c-3c/litre in 2015, at a total cost of €100m. The IFJ estimates that average milk prices in Ireland averaged over 30c/litre in 2015—well ahead of actual market returns. The co-ops said...

Ireland GLANBIA CUT SEPT MILK PRICE BY 1c

Glanbia have announced they will pay their member suppliers 25c/litre including VAT for September milk, which includes a Glanbia Co-op Society support payment of 1c/litre. The price is 1c less than the August price, with the GII base price now24c/litre (incl. VAT).  Kerry Group are holding...