Sign in to your account
Forgot / Reset Password? Click here
Not registered with Farmers Journal? Register now to read 5 Member articles for FREE
Or

To redeem your unique loyalty code from the print edition click HERE
Just one final step...
You must confirm your email address by clicking on the link we’ve sent to your email address.
You are only one short step away from reading...
PPI dairy price index drops
Register below to read FIVE Member articles
for free per month.
Or to redeem your unique loyalty code
from the print edition click HERE
Only takes a second!
Already registered with Farmers Journal? Sign in
By registering an account you agree to our Privacy Policy and Terms of Service.
code

PPI dairy price index drops

By on
Ornua's Purchase Price Index (PPI) fell in December, reflecting a slowdown on global dairy commodity markets.
Ornua's Purchase Price Index (PPI) fell in December, reflecting a slowdown on global dairy commodity markets.

The index, which reflects the value of dairy products exported by Ornua, stood at 111.3 last month. This is a 3.2% drop compared with November. The index is now back at the level observed last August, after peaking in October.

The PPI value reflects the recent drop in butter prices, which have recently stabilised around €4,000/t after peaking near €7,000/t in the autumn.

Dairygold chief executive Jim Woulfe said this week that market returns were currently 8c/l behind the milk price and processors would struggle to keep farmgate prices above 30c/l in 2018 in the current context.

Co-ops are due to start setting December milk prices at the end of this week.

Read more

Dairy markets: butter prices finding a new normal

Related tags
Related Stories
Member
Co-ops hold December milk prices
Improve slurry management and fertiliser value. Reduce crust and Odour.Save 45...