On-the-Ground Updates

Irish dairy farms among most profitable in Europe

Cow Milk
Ireland
Market & Price Trends
Innovation & Technology
Aonghus Drisceoil
Published Nov 11, 2020
Irish dairy farms are amongst the most profitable in Europe, according to research published by Cork Institute of Technology and Teagasc.

The study, which examined the Irish dairy sector since quotas were lifted, described the growth in the sector as "phenomenal" during the five year period from 2014-2019.

Irish milk prices were the lowest of all the EU countries examined, using the LTO Monthly Milk pricing comparison, while the Dutch milk price was the highest.

The average price difference over the five year period was 5.2 cent per litre between Irish and Dutch milk prices.
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