Intervention in Ireland: how much does it cost and where is it stored?
The cost of storing SMP products in intervention in Ireland is almost €3m, with warehouses around the country storing it, the Irish Farmers Journal can exclusively reveal.
The cost of storing intervention products is nearly €3m per year.
ADVERTISEMENT
Figures obtained by the Irish Farmers Journal from the Department of Agriculture show the net cost of storing intervention products is €56,106 per month, with costs reducing as batches are removed from intervention.
In June, there was 37,076t of skim milk powder (SMP) intervention product in storage in Ireland. This represents almost 10% of total EU SMP in intervention.
The first intake of product was in August 2015, with continual intakes until August 2016.
ADVERTISEMENT
Storage
The Department also revealed that SMP intervention product is stored in warehouses in counties Louth, Longford, Limerick, Cork, Waterford and Tipperary.
Premises that store intervention products must be approved in advanced by the Department. Each facility is required to have a minimum storage capacity of 600t for 2017.
This will rise to a minimum required storage of 800t for 2018.
This requirement is subject to proximity to transport routes.
According to the Department, storage premises are subject to unannounced on-the-spot inspections by the dairy inspectorate to ensure compliance with approval conditions.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
However, if you would like to share the information in this article, you may use the headline, summary and link below:
Title: Intervention in Ireland: how much does it cost and where is it stored?
The cost of storing SMP products in intervention in Ireland is almost €3m, with warehouses around the country storing it, the Irish Farmers Journal can exclusively reveal.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
Figures obtained by the Irish Farmers Journal from the Department of Agriculture show the net cost of storing intervention products is €56,106 per month, with costs reducing as batches are removed from intervention.
In June, there was 37,076t of skim milk powder (SMP) intervention product in storage in Ireland. This represents almost 10% of total EU SMP in intervention.
The first intake of product was in August 2015, with continual intakes until August 2016.
Storage
The Department also revealed that SMP intervention product is stored in warehouses in counties Louth, Longford, Limerick, Cork, Waterford and Tipperary.
Premises that store intervention products must be approved in advanced by the Department. Each facility is required to have a minimum storage capacity of 600t for 2017.
This will rise to a minimum required storage of 800t for 2018.
This requirement is subject to proximity to transport routes.
According to the Department, storage premises are subject to unannounced on-the-spot inspections by the dairy inspectorate to ensure compliance with approval conditions.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS