Big changes could be on the way for dairy farmers as processors review milk constituent ratings
Milk processors have confirmed they are reviewing the weighting applied to constituents as butter climbs to record highs of over €6,000/t. By: Louise Hogan
Arla cuts UK milk price
Following a cut in the Scandinavian co-op’s milk price last month, the price paid to its British suppliers is now following suit.
‘Only farmers’ margins are wiped out in a price downturn’
Only farmers’ margins are wiped out in a price downturn, according to the Chairperson of the Irish Creamery and Milk Supplier Association’s Dairy Committee, Gerald Quain. By: Conor Finnerty
Ornua results up as Kerrygold records global sales of €900m
Ornua has delivered earnings before interest, taxation, depreciation, and amortization of €43.1m for 2016, up 18pc on the previous year. By Louise Hogan and Ellie Donnelly.
Butter battle: Wis. ban on Irish dairy product sparks court fight in America’s Dairyland
Wisconsin resident Jean Smith snatches up entire stocks of her beloved Kerrygold Irish butter from stores when visiting family in Nebraska, thanks to an antiquated law in her dairy-obsessed state that bans it and any other butter that hasn’t been graded for quality.
A February milk price of 32c/L is ‘fully justified’
A February milk price of 32c/L is ‘fully justified and based comfortably on market returns’, according to the Chairperson of ICMSA’s Dairy Committee. By Conor Finnerty.
Brexit Spurs Ireland to Woo Middle East for Dairy, Meat Sales
Ireland’s $21 billion food and beverage industry is turning to the Middle East for sales as the U.K., its biggest buyer, prepares to move ahead with Brexit and leave the European Union.
Brexit Spurs Ireland to Woo Middle East for Dairy, Meat Sales
When Wisconsin resident Julie Rider shops for groceries, there’s one item she can’t legally buy at her local market — or at any stores in her state. By Kate Thayer.
‘Ongoing dairy challenges’ see no immediate reintroduction of Ornua milk levy
The Ornua Board has decided that no immediate reintroduction of the monthly Ornua milk levy, which was suspended on May 1, 2016, will take place. By Amy Forde.
‘Ornua PPI rise justifies further milk price increases’
The rise in the Ornua Purchase Price Index (PPI) justifies calls for further milk price increases, IFA National Dairy Committee Chairman Sean O’Leary said. By Conor Finnerty.