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.