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Farmers draw down over €3m in microfinance loans
James Hanly
Micro Finance Ireland (MFI) assists businesses with fewer than 10 employees by providing funding to help them meet payments for stock, working capital requirements and other overhead expenses.
22 January 2025 News
Dairygold chair addresses controversy over updated loyalty scheme
Pat Clancy answers questions on the proposed scheme and management of the co-op.
22 January 2025 News
Dairygold’s debt servicing costs tripled in last two years
The processor had one of the highest debt servicing costs per litre of milk processed in the industry.
Good news for Kerry deal to come from Frankfurt
Borrowing costs are set to be cut further this week at the European Central Bank.
11 December 2024 News
How will Kerry Dairy Ireland pay the milk price suppliers expect?
Approval of the proposal would only be the start of the challenges for Kerry Co-op and KDI
4 December 2024 News
Targeting costs at €3/kg MS at Dairy Day
There was huge interest in the cost of production session with Mike Bermingham and Laurence Shalloo at Dairy Day, writes Aidan Brennan.
27 November 2024 Management
Interest rates a killer for profitability
Speaking at the session on farm profitability, a Co Cork dairy farmer said that increased interest rates were cost that ate into profit in 2023.
27 November 2024 Dairy Day
ECB cuts interest rates by 0.25%
This is good news for corporates, but it is unclear if it will benefit farmers directly.
17 October 2024 News
Rapid drop in inflation means another interest rate cut is likely
The pace of price rises across the euro-area has slowed considerably in recent months.
16 October 2024 News
Grocery inflation ticked lower again in September
Latest Kantar survey shows grocery inflation eases to 2.7%.
14 October 2024 News
Grocery inflation remains at 2.8% for a second month
Latest data from Kantar shows the pace of price increases was unchanged to 1 September.
16 September 2024 News
European Central Bank lowers borrowing costs again
Farm investment decisions are more constrained by uncertainty than interest rates.
12 September 2024 News