{"id":4953,"date":"2021-12-06T11:57:04","date_gmt":"2021-12-06T11:57:04","guid":{"rendered":"https:\/\/www.danskofoods.com\/?p=4953"},"modified":"2021-12-08T15:18:08","modified_gmt":"2021-12-08T15:18:08","slug":"irish-dairy-market-trends-2021-2022","status":"publish","type":"post","link":"https:\/\/www.danskofoods.com\/en\/irish-dairy-market-trends-2021-2022\/","title":{"rendered":"Irish Dairy Market trends Q4 &#8217;21"},"content":{"rendered":"<p><span style=\"font-size: 12pt;\">It\u2019s been a busy period in Dansko over the last two months with the beginning of our new Financial Trading Year in October and a very active market to contend with.<\/span><\/p>\n<h4><span style=\"font-size: 14pt;\">Bull market for Irish butter<\/span><\/h4>\n<p><span style=\"font-size: 12pt;\">After a steady bull market for Butter over the last 8 weeks we have seen prices being to taper off in the last week or so with more offers in the market and demand taking a breather. Most customers are covered now for Q4 with most activity and interest in the market generated through the trade.<\/span><\/p>\n<h4><span style=\"font-size: 14pt;\">Seasonal and weather impact on Irish Dairy Pricing<\/span><\/h4>\n<p><span style=\"font-size: 12pt;\">We have seen a seasonal increase in milk volumes across EU and cream prices beginning to come off to \u20ac6800\/MT from the highs of \u20ac7300\/mt. Weather conditions in Ireland have been unusually mild over Oct\/Nov so far and ideal for grass growth &#8211; <a href=\"https:\/\/www.danskofoods.com\/en\/dairy-products\/irish-butter\/\">Irish Winter Butter<\/a> supply will be strong this season. After a brief weakness in the market, we are seeing prices uptick again. Irish manufacturers are still very bullish on butter with current pricing \u20ac5050-5100\/mt. Quotes into Q1 on futures remain high for fresh produce and are quoted at \u20ac5300\/MT for certain EU origins.<\/span><\/p>\n<h4><span style=\"font-size: 14pt;\">Strong demand for cheese and Irish cheddar<\/span><\/h4>\n<p><span style=\"font-size: 12pt;\">The Cheddar market in contrast has shown no signs of weakness with Irish Mild Cheddar and Irish Cheddar Curd in very short supply. We were hearing Q1 \u201922 prices for Edam\/Gouda and Mozzarella all at lower levels than current Q4 pricing and wondered if this would have an impact on<a href=\"https:\/\/www.danskofoods.com\/en\/dairy-products\/irish-cheese\/\"> Irish Cheddar<\/a> pricing. As our production season is different to the what happens across the continent [no production from mid Nov-early Feb] we do not see Irish Cheddar prices coming offer until at least end of Q1 next year and even then, we do not see a major correction given current demand and low stock positions.<\/span><\/p>\n<h4><span style=\"font-size: 14pt;\">Buoyant market for Irish dairy produce<\/span><\/h4>\n<p><span style=\"font-size: 12pt;\">Overall, very buoyant market for Irish dairy produce and Irish farmers \u2013 strong milk price, good weather conditions and strong returns from the market. Not much to complain about right now\u2026. But we\u2019re Irish, we\u2019ll find a solution for that soon enough as well!<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 12pt;\">-David O\u2019Neill, CEO<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s been a busy period in Dansko over the last two months with the beginning of our new Financial Trading Year in October and a very active market to contend with. Bull market for Irish butter After a steady bull market for Butter over the last 8 weeks we have seen prices being to taper &#8230;<\/p>\n","protected":false},"author":10,"featured_media":4998,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-4953","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Irish dairy trends 2021\/2022 | Dansko Foods Ltd.<\/title>\n<meta name=\"description\" content=\"Dansko Foods outlines some of the dairy trends for 2021. 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