Lecture 1 Flashcards
Value of Irish Food and Drink exports in 2024?
€17 billion
Increase of 5%
Dairy exports 2024?
€6.3 billion
0% change
Meat and Livestock exports 2024?
€4.3 billion
6% increase
Prepared consumer foods exports in 2024?
€3.4 billion
7% increas
Drink exports in 2024?
€2.1 billion
19% increase
Seafood exports 2024?
€595 million
9% increase
Horticulture and cereal exports 2024?
€325 milion
4% increase
How much of food and drink exports went to the EU?
€5.9 billion
Increase of 4%
EU, US and UK percentage share of exports in 2024?
68%
Agricultural input price index September 2024 vs September 2020?
Increase of 24%
EU cheddar prices
Increase of 8%
EU butter prices
Increase of 47%
EU skim milk powder prices
Decrease of 8%
Value of our EU exports
€2.4 billion
38%
Increase of 6%
Value of US exports
€750 million
12%
Increase of 11%
Value of UK exports
€1.1 billion
17%
Increase of 2%
What are the Big 7 export regions?
EU, US, NZ, Australia, Brazil, Argentina and Uruguay
Value of butter in the export market?
€1.7 billion
31% increase
Value of cheese in the export market?
€1.3 billion
How much is heifer rearing?
€1545
- One of the most expensive tasks on a dairy farm, second only to feed costs
How long does it take for a heifer to repay itself?
1.63 lactations
What percentage of heifers do not survive to first calving?
10 to 23%
What percentage of heifers are culled during the first and second lactation?
19-24%
What percentage of Irish and UK heifers are successful calving for a third time?
- 54% of Irish heifers
- 55% of UK heifers
Reasons for culling?
Infertility, poor conformation and poor health