Irish dairy farmers enjoyed ‘best net profit margins from milk production in EU’

New report from Teagasc and CIT notes ‘lowest milk price but highest margin’ here

A new report from Teagasc and CIT critically evaluates the Irish dairy industry with reference to the investments in processing capacity and seasonality. File Picture.  

A new report on the Irish dairy industry and its position relative to a number of EU Countries, and New Zealand, has been launched in a collaborative effort between Teagasc and Cork Institute of Technology (CIT).

The report titled ‘An Analysis of the Irish Dairy Sector Post Quota’ highlights the phenomenal growth in the dairy sector post quota and points to Ireland’s position regarding milk prices in relation to The Netherlands, Denmark, Germany, France, and New Zealand in relation to the milk prices farmers receive.