There is a difference of €128/cow when we compare the difference between the Ornua purchase price index (PPI) milk price equivalent and the average milk league price paid out in 2021.

Now that the December milk cheques have been paid, Irish Farmers Journal analysis of total 2021 prices estimates that the gap between what was paid by the co-ops and what Ornua says it got from the market in total in 2021 widened as the year progressed.