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Grim prospects on the horizon for Irish dairy as Covid-19 bites

March 20, 2020

The impact of coronavirus Covid-19 on international dairy markets is resulting in difficult market conditions and a downward pressure on prices, according to…

‘EU dairy is seeing extreme volatility’ as prices move sharply lower

March 18, 2020

Dairy

Similar to almost every other market at the moment, EU dairy is seeing extreme volatility as prices have moved sharply lower. This was…

Commentary: Dairy commodity prices and global milk supply

December 13, 2019

Dairy

Over the last couple of weeks, the European dairy quotations have seen the recent trend of firmer butter and skim milk powder (SMP)…

Difficult year ahead for EU dairy prices – report

December 21, 2017

Dairy

Although there has been some recovery in EU dairy prices over the past year, the European Commission’s EU Agricultural Outlook report suggests that…

Difficult market conditions fail to blunt revenue growth at Lakeland Dairies

May 3, 2017

Agri-Business

Dairy co-operative Lakeland Dairies has posted strong financial results for the financial year ending December 31, 2016. In spite of difficult dairy market…

Dairy markets are ‘delicately balanced and fragile’

April 13, 2017

Dairy

Global dairy markets are delicately balanced and fragile, according to Dairygold CEO Jim Woulfe, and this fragility is a big concern for dairy…

‘Cashflow overhang on dairy farms must not be underestimated’

December 22, 2016

Dairy

Despite the increased confidence among dairy farmers on the back of improving prices, IFA National Dairy Chairman Sean O’Leary said the cashflow overhang…

Ornua PPI rises for a fourth consecutive time this year

November 9, 2016

Dairy

The Ornua Purchase Price Index (PPI), the monthly indicator of market returns on dairy products sold by Ornua, has risen for a fourth…

Dairy prices hold steady at the latest Global Dairy Trade

July 19, 2016

Dairy

The latest Global Dairy Trade auction has held steady on the previous auction with no change in overall dairy prices. At today’s event,…

Futures market points to rise in WMP prices at tomorrow’s Global Dairy Trade

June 14, 2016

Dairy

The latest Global Dairy Trade whole milk powder (WMP) futures prices from New Zealand bank ASB points to a rise in WMP prices…

Global Dairy Trade posts second consecutive rise

April 19, 2016

Dairy

Dairy product prices rose 3.8% in the latest Global Dairy Trade auction, the first time this year the auction has posted consecutive positive…

‘Dairy demand perspectives remain positive, but 2016 will be challenging’

April 18, 2016

Dairy

The longer term demographic and dairy demand perspectives remain positive, but 2016 will be a challenging year, the Minister for Agriculture, Simon Coveney…

Fonterra predicts a lift in dairy prices later this year

March 23, 2016

Dairy

Fonterra has said that it expects dairy prices to pick up at the end of the year as it posted interim results with…

Voluntary EU milk supply measures – ‘dangerous ground’ says ICOS

March 12, 2016

Dairy

Confirmation that the Commission will accede to French demands for voluntary milk supply controls represents a very worrying development, according to TJ Flanagan…