IDB index shows return to growth

The Irish Dairy Boards(IDB) Production Price Index (PPI)returned to growth in November following the first fall in 16 months in October.

The IDB recently released its monthly Production Price Index (PPI). The index showed a return value of 131.9, which indicates a 31.9 per cent increase in market returns when compared to 2010.

The 2013 has demonstrated the fantastic year for dairy returns in Ireland. Since its starting point in January of 111, the index rose significantly over the spring and summer months peaking in September at 133.7.

The PPI is a rolling monthly indicator of market returns on primary dairy products sold by the IDB, typically butter, cheese, whole milk powder and protein products, relative to comparable returns generated in the base year of 2010.

Screen Shot 2013-12-12 at 09.38.51


Please be considerate of others when commenting. All comments posted are subject to our commenting policy. Comments violating this policy will be removed without notice.

We Have A Quick Question

Thank you for your input! This will help us improve the content we produce for you in the future!
What farming enterprises are you involved in?