Ireland: Domestic milk intake fell by 34 million liters in July

Published 2024년 9월 6일

Tridge summary

In July 2024, domestic milk intake by processors and co-ops decreased by 3.3% compared to the same month in 2023, and by 4.1% compared to July 2022, totaling 980.7 million liters. The fat content of milk slightly decreased to 4.09% from 4.14%, while protein content increased to 3.50% from 3.47%. Butter production also saw a decrease of 2,500t, totaling 29,300t, and the production of skimmed milk powder decreased by 5,600t, totaling 14,500t. From January to July 2024, domestic milk intake decreased by 5% compared to the same period in 2023 and by nearly 6% compared to January to July 2022. The Ornua monthly Purchase Price Index for August increased to 144.7 from 140.8, indicating an increased indicative return of 42.5c/L for milk, up by 1.4c/L from the previous month. The Ornua Value Payment payable to member co-operatives in August was €7 million, which was 3.9% of gross purchases in the month.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Domestic milk intake by milk processors and co-ops across the country was estimated at 980.7 million litres in July 2024, according to the Central Statistics Office (CSO). This marks a decrease of 34 million litres or 3.3% when compared with July 2023 and down 42.1 million litres or 4.1% on the same month in 2022. The data published today (Friday, September 6) shows that fat content for July 2024 was 4.09%, down from 4.14% in July 2023. While protein content went up marginally from 3.47% to 3.50% in the 12 months to July 2024. CSO The CSO said that butter production dropped from 31,800t in July 2023 to 29,300t in July 2024, a decrease of 2,500t. The amount of total milk sold for human consumption was down marginally by 0.9 million litres, from 42.3 million litres in July 2023 to 41.4 million litres in July 2024. Provisional data shows that 14,500t of skimmed milk powder (SMP) was produced in July, which is down from 20,100t in the same month last year. For the period January to ...

Source: AgriLand