Lecture 1 Flashcards

1
Q

Value of Irish Food and Drink exports in 2024?

A

€17 billion
Increase of 5%

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2
Q

Dairy exports 2024?

A

€6.3 billion
0% change

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3
Q

Meat and Livestock exports 2024?

A

€4.3 billion
6% increase

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4
Q

Prepared consumer foods exports in 2024?

A

€3.4 billion
7% increas

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5
Q

Drink exports in 2024?

A

€2.1 billion
19% increase

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6
Q

Seafood exports 2024?

A

€595 million
9% increase

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7
Q

Horticulture and cereal exports 2024?

A

€325 milion
4% increase

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8
Q

How much of food and drink exports went to the EU?

A

€5.9 billion
Increase of 4%

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9
Q

EU, US and UK percentage share of exports in 2024?

A

68%

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10
Q

Agricultural input price index September 2024 vs September 2020?

A

Increase of 24%

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11
Q

EU cheddar prices

A

Increase of 8%

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12
Q

EU butter prices

A

Increase of 47%

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13
Q

EU skim milk powder prices

A

Decrease of 8%

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14
Q

Value of our EU exports

A

€2.4 billion
38%
Increase of 6%

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15
Q

Value of US exports

A

€750 million
12%
Increase of 11%

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16
Q

Value of UK exports

A

€1.1 billion
17%
Increase of 2%

17
Q

What are the Big 7 export regions?

A

EU, US, NZ, Australia, Brazil, Argentina and Uruguay

18
Q

Value of butter in the export market?

A

€1.7 billion
31% increase

19
Q

Value of cheese in the export market?

A

€1.3 billion

20
Q

How much is heifer rearing?

A

€1545
- One of the most expensive tasks on a dairy farm, second only to feed costs

21
Q

How long does it take for a heifer to repay itself?

A

1.63 lactations

22
Q

What percentage of heifers do not survive to first calving?

23
Q

What percentage of heifers are culled during the first and second lactation?

24
Q

What percentage of Irish and UK heifers are successful calving for a third time?

A
  • 54% of Irish heifers
  • 55% of UK heifers
25
Q

Reasons for culling?

A

Infertility, poor conformation and poor health