Activity has been relatively quiet regarding dairy pricing throughout the summer months with butter the only commodity to show major movement.
Major cheese products such as Cheddar, Mozzarella, Edam, Gouda have remained pretty static in price over the summer. Milk volumes have been healthy across Europe and demand steady which has kept price movements to a minimum. However butter manufacturers have endured a more challenging time as butter prices slipped back to the €3300/ton mark. In […]
There have been some rumblings between the US & EU regarding potential tariffs on European dairy. This is in part retaliation from the US against subsidies paid from the EU to French aircraft manufacturer Airbus. The much loved cheese products in the firing line from the US includes Stilton, Roquefort, Gouda and Edam. The USTR […]
Ireland had the biggest share of exports in 2018 at 25% followed by France at 21%, Italy 12% and Spain 8%.
Fonterra is forecast to report a second year of financial losses in a row as their international expansion plan has not enjoyed the expected success.
Research conducted by food economist Ciaran Fitzgerald has highlighted the importance of the Irish dairy sector in its contribution to the rural economy.