Milk price climbs in Northern Ireland despite rising October collections
Farmers in Northern Ireland have seen some recovery in the farm-gate milk price despite the volume of milk collected in October increasing, recent statistics show.
In October of this year, the average farm-gate milk price, including retrospective bonuses was 24.35p/L (29c/L).
This represented an increase of 3.6p/L (4.3c/L) compared to the prices received in October of last year, figures from the Department of Agriculture, Environment and Rural Affairs (DAERA) show.
This is despite an increase in October milk collections compared to September, with statistics showing that milk production rose in October by 4.6m litres, the first increase in production since May 2016.
The farm-gate milk price also rose between September and October, an increase of 3.23p/L (3.8c/L).
Meanwhile, the volume of milk produced in the North fell to 157.87m litres in October 2016, a drop of 5.5% compared to the same month last year.
This leaves the total level of milk production for the year to date in Northern Ireland at almost 1.88m litres.
Milk Production In The Republic Of Ireland
The Republic of Ireland also witnessed a drop in milk production in the month of October, the latest figures from the Central Statistics Office (CSO) show.
Domestic milk intake by creameries and pasteurisers was estimated at 513.1m litres for October 2016, a drop of 4.3% compared to the corresponding 2015 figure.
Despite the drop in production, January to October milk production was up 5.2% on January to October last year.
This is the fourth month in a row that EU milk production has fallen after falls in June, July and August.
Milk collection figures were down 1.9% on August 2015, while July and June production was down 1.4% and 2.3%, respectively, on the corresponding months last year.