Dairy
The IDB Purchase Price Index (PPI) rose over 4% last month from 93.1 in January to 97.5 in February, but still suggests a sub 30c/l milk price.
The Irish Dairy Board Co-operative (IDB) has voted to change its name to Ornua Co-operative Limited.
All dairy industry stakeholders have been urged to avoid talking the sector into a worse crisis by IFA National Dairy Chairman Sean O’Leary.
There is an element of responsibility at EU level to accept that action does need to be taken to address the impending large superlevy bill.
The Irish Dairy Board’s latest forecast of farm gate milk price for 2015 stands at 26-27 c/L according to chief executive Kevin Lane.
The medium to long term outlook for dairy markets is positive Aurivo milk suppliers were told at a recent dairy insights event in Castlebar.
Latest market returns to the Irish Dairy Board is set to mean a milk price in the high 20's according to a recent market update by Irish Cooperative Socitery (ICOS).
The Irish Dairy Board’s (IDB) Production Price Index for November was down over 2.4% on the October return remains at its lowest level since August 2012.
Average producer milk prices will range between 24 and 26 cent per litre in 2015, according to Irish Dairy Board (IDB) analyst Fergal McGarry.
Agri-Business
Netwatch has secured a multi-site, multi-country contract from the Irish Dairy Board to provide protection services at six of its manufacturing facilities.
The Irish Dairy Board’s (IDB) Production Price Index (PPI) for October was down over 6.7% on the August return and is now at its lowest level since August 2012.
The Irish Dairy Board (IDB) has announced a major product expansion into the Chinese market with the launch of Whole Milk under its new Kerrygold Chinese trade mark, 金凯利, pronounced ‘Jin Kai Li’.
Opinion
The Irish dairy industry must face up now to the challenges that are coming down the track
Farmers in the UK have protested outside Adam's Food - an Irish Dairy Board-owned company - over what they say are 'cheap' imports of cheese being brought in from Ireland.
IDB Chairman Aaron Forde has admitted that milk prices will be challenging over the next few months.
The Irish Dairy Board’s (IDB) Production Price Index (PPI) for September was down over 4% on the August return and is now at its lowest level since November 2012.
In its latest advisory update to dairy farmers Teagasc outline some key actions farmers can take to deal with milk price volatility.
Other
All of Kerrygold butter will be produced and packed at the new state-of-the art complex on the Dairygold Mitchelstown's site in the coming years.
Together with our usual run down of International Milk Prices, this month we are also comparing Feed and Fertiliser price trends
IFA President Eddie Downey said the IDB’s role was not to predict milk prices, but to optimise the value of Irish dairy products on international markets.
Glanbia Ireland Ingredients Limited has reduced its August manufacturing milk price by 2cpl to 33.0 cpl incl vat.
The Irish Dairy Board’s (IDB) Production Price Index (PPI) for August was down over 3% on the July return and is now at its lowest level since March 2013.
The Irish Dairy Board has announced that it has acquired the trade and assets of Luxtor S.A., a Spanish pizza cheese and cheese blends plant.
