Milk intake by Irish co-ops was estimated at estimated at 867.4m litres for August 2020, representing a 2.9% increase over August 2019 the Central Statistics Office (CSO) has reported.
In comparison with August 2019 figures; butter production increased by 1.6% to 25,860t and milk sold for human consumption increased by 2.2% to 46.1m litres.
On average, Irish milk prices have lifted by 1.5c/l from May as processors have increased milk price in June, July and August on the back of rising global demand and steady supplies.
Most milk buyers lifted their August milk price between 0.5c/l and 1c/l. Kerry, Carbery, Glanbia, North Cork, Centenary Thurles and Arrabawn also increased August milk prices.
For the August alone, there is a difference of €1,200 in the milk cheque for the typical supplier between the top-paying West Cork co-ops and the Division three players.