The Ornua PPI for August is due to be published this week. Below are the last four months prices, including VAT.
Apr
May
Jun
Jul
Ornua PPI
115.1
116.8
119.9
118.6
Ornua PPI (c/L)
34.2
34.8
35.9
35.5
Ornua Value Payment
€6.76m
€7.63m
€9.67m
€10.05m
Adjusted PPI (c/L)
36.65
36.99
38.11
38.72
Milk supply -July 2021
Domestic milk production was estimated at 1,018 million litres for July 2021. This represents an increase of 3.3% over July 2020. The Protein content decreased from 3.51% in July 2020 to 3.44% in July 2021. The Fat content also decreased from 4.04% to 4.00% during this period. During the period January to July 2021, domestic intake was estimated at 5,691 million litres, an increase of 6.4% when compared to the corresponding period for 2020.
Latest Commodity prices
Butter
SMP
Cheese
GDT – 17th August
€4041 (+4.0%)
€2585 (+1.1%)
€3544 (+2.8%)
EU quotes – 25thAugust
€4010 (+0.3%)
€2530 (+1.1%)
€3250 (+0.9%)
European Futures Market
Butter
SMP
Whey
EEX – 27th August for Sept 2021 – Apr 2022 period
€4102 (+1.0%)
€2614 (+2.1%)
€940 (0.0%)
Nitrates Action Programme – Second phase
Submission due 20th September.
15 Proposals.
No analysis on the impact of such proposals on farm profitability.
Some proposals don’t fall under the remit of the Nitrates Action Programme
IFA reject:
Any extension of the closed period for slurry.
Covering external slurry stores.
Increases to soiled water storage.
Compulsory use of LESS on farms stocked above 100kgN/ha.
A guidance document has been created and circulated on the consultation.
We are encouraging all stakeholders to get involved in the consultation process.