Ireland set to remain under quota for 2010/11
Published 21/09/2010 | 05:00
Current indications are that Ireland is unlikely to exceed its milk quota for the 2010/2011 season, despite earlier fears that supplies were surging too far ahead.
Ireland is running 5.59pc under quota, officials in the Department of Agriculture have confirmed.
Industry experts have said that if current milk supply trends continue, and there is no unexpected increase in spring production, the threat of a national superlevy will diminish.
However, they have warned that Ireland's chances of exceeding quota will be even higher in the 2011/2012 season because the country will be starting from a higher production base.
Kerry is running around 55m litres below quota, based on supply figures to August 31. At the same time last year, the co-op was running 80m litres under quota.
It is understood that, based on current trends, Kerry is unlikely to exceed its quota.
Figures released by Glanbia show it is running 0.6pc -- or 4.3m litres -- over quota, as of September 11, while Premier Dairies is running 1.6pc -- or 2.4m litres -- over quota.