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Milk output decreased by 5.9% in 2023 – DEFRA
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<blockquote data-quote="Agriland RSS" data-source="post: 9225565" data-attributes="member: 105608"><p>Written by Maeve Hennessy from Agriland</p><p></p><p style="text-align: right"><img src="https://s3.eu-west-2.amazonaws.com/cdn.agriland.co.uk/uploads/2022/05/Dairy-Cows2-scaled-640x360.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p><p>Yesterday (Thursday, March 21) The Department for Environment Food and Rural Affairs (DEFRA) published the agriculture price indices (API) from January 2023 – January 2024.</p><p></p><p>The price index for agricultural <strong>outputs </strong>decreased by 5.6% in the 12 months to January 2024.</p><p></p><p>According to the API, there were eight upward contributions to the 12-month inflation rate for agricultural outputs recorded for January 2024.</p><p></p><p>The largest upward contribution was potatoes (+1.9 percentage points), followed by sheep and lambs (+0.9 percentage points), and cattle and calves (+0.8 percentage points).</p><p></p><p>There were six downward contributions, of which the largest downward contribution was milk (-5.9 percentage points), followed by wheat (-2.6 percentage points), and oilseed rape (-0.7 percentage points).</p><p></p><p><a href="https://s3.eu-west-2.amazonaws.com/cdn.agriland.co.uk/uploads/2024/03/Screenshot-2024-03-21-122159-1.png" target="_blank"><img src="https://s3.eu-west-2.amazonaws.com/cdn.agriland.co.uk/uploads/2024/03/Screenshot-2024-03-21-122159-1.png" alt="" class="fr-fic fr-dii fr-draggable " style="" /></a></p><p> Contributions to change in the agricultural outputs index from January 2023 to January 2024 Source: DEFRA</p><p></p><p>The price index for agricultural outputs increased by 0.6% in the month to January 2024. In comparison, the index increased by 0.6% in the month to December 2023.</p><p></p><p>From January 2023 to January 2024, the price index for agricultural <strong>inputs</strong> decreased by 11.3%.</p><p></p><p>There were six upward contributions, the largest being from maintenance of materials (+0.4 percentage points), followed by plant protection products (+0.2 percentage points), and buildings (+0.1 percentage points).</p><p></p><p>The largest downward contribution was<a href="https://www.agriland.co.uk/farming-news/eurochem-opens-1bn-phosphate-fertiliser-complex-in-brazil/" target="_blank"> fertilisers </a>and soil improvers (-5.8 percentage points), followed by compound feedingstuffs (-3.8 percentage points), and energy and lubricants (-1.6 percentage points).</p><p></p><p>The price index for agricultural inputs increased by 0.9% in the month to January 2024. In comparison, the index decreased by 0.4% in the month to December 2023.</p><p></p><p>In 2024 so far, the annual average price index decreased by 0.5% for agricultural outputs and decreased by 3.5% for agricultural inputs.</p><p></p><p>The year with the largest difference between the agricultural outputs and agricultural inputs was 2022, with 2019 showing the second largest difference.</p><p></p><h4>Related Stories:</h4> <ul> <li data-xf-list-type="ul"><a href="https://www.agriland.co.uk/farming-news/gdt-price-index-falls-2-8-after-latest-auction/" target="_blank"> <br /> <br /> <br /> <br /> <br /> <br /> <h4>GDT price index falls 2.8% after latest auction</h4> </a></li> <li data-xf-list-type="ul"><a href="https://www.agriland.co.uk/farming-news/ni-farm-walks-on-efficient-and-sustainable-milk-production/" target="_blank"> <br /> <br /> <br /> <br /> <br /> <br /> <h4>NI farm walks on ‘efficient and sustainable milk production’</h4> </a></li> <li data-xf-list-type="ul"><a href="https://www.agriland.co.uk/farming-news/walnutlawn-sidekick-daughter-claims-top-prize-at-uk-dairy-expo/" target="_blank"> <br /> <br /> <br /> <br /> <br /> <br /> <h4>Walnutlawn Sidekick daughter claims top prize at UK Dairy Expo</h4> </a></li> </ul><p></p><p>The post <a href="https://www.agriland.co.uk/farming-news/milk-output-decreased-by-5-9-in-2023-defra/" target="_blank">Milk output decreased by 5.9% in 2023 – DEFRA</a> appeared first on <a href="https://www.agriland.co.uk" target="_blank">Agriland.co.uk</a>.</p><p></p><p><a href="https://www.agriland.co.uk/farming-news/milk-output-decreased-by-5-9-in-2023-defra/" target="_blank">Continue reading on the Agriland Website...</a></p></blockquote><p></p>
[QUOTE="Agriland RSS, post: 9225565, member: 105608"] Written by Maeve Hennessy from Agriland [RIGHT][IMG]https://s3.eu-west-2.amazonaws.com/cdn.agriland.co.uk/uploads/2022/05/Dairy-Cows2-scaled-640x360.jpg[/IMG][/RIGHT] Yesterday (Thursday, March 21) The Department for Environment Food and Rural Affairs (DEFRA) published the agriculture price indices (API) from January 2023 – January 2024. The price index for agricultural [B]outputs [/B]decreased by 5.6% in the 12 months to January 2024. According to the API, there were eight upward contributions to the 12-month inflation rate for agricultural outputs recorded for January 2024. The largest upward contribution was potatoes (+1.9 percentage points), followed by sheep and lambs (+0.9 percentage points), and cattle and calves (+0.8 percentage points). There were six downward contributions, of which the largest downward contribution was milk (-5.9 percentage points), followed by wheat (-2.6 percentage points), and oilseed rape (-0.7 percentage points). [URL='https://s3.eu-west-2.amazonaws.com/cdn.agriland.co.uk/uploads/2024/03/Screenshot-2024-03-21-122159-1.png'][IMG]https://s3.eu-west-2.amazonaws.com/cdn.agriland.co.uk/uploads/2024/03/Screenshot-2024-03-21-122159-1.png[/IMG][/URL] Contributions to change in the agricultural outputs index from January 2023 to January 2024 Source: DEFRA The price index for agricultural outputs increased by 0.6% in the month to January 2024. In comparison, the index increased by 0.6% in the month to December 2023. From January 2023 to January 2024, the price index for agricultural [B]inputs[/B] decreased by 11.3%. There were six upward contributions, the largest being from maintenance of materials (+0.4 percentage points), followed by plant protection products (+0.2 percentage points), and buildings (+0.1 percentage points). The largest downward contribution was[URL='https://www.agriland.co.uk/farming-news/eurochem-opens-1bn-phosphate-fertiliser-complex-in-brazil/'] fertilisers [/URL]and soil improvers (-5.8 percentage points), followed by compound feedingstuffs (-3.8 percentage points), and energy and lubricants (-1.6 percentage points). The price index for agricultural inputs increased by 0.9% in the month to January 2024. In comparison, the index decreased by 0.4% in the month to December 2023. In 2024 so far, the annual average price index decreased by 0.5% for agricultural outputs and decreased by 3.5% for agricultural inputs. The year with the largest difference between the agricultural outputs and agricultural inputs was 2022, with 2019 showing the second largest difference. [HEADING=3]Related Stories:[/HEADING] [LIST] [*][URL='https://www.agriland.co.uk/farming-news/gdt-price-index-falls-2-8-after-latest-auction/'] [HEADING=3]GDT price index falls 2.8% after latest auction[/HEADING][/URL] [*][URL='https://www.agriland.co.uk/farming-news/ni-farm-walks-on-efficient-and-sustainable-milk-production/'] [HEADING=3]NI farm walks on ‘efficient and sustainable milk production’[/HEADING][/URL] [*][URL='https://www.agriland.co.uk/farming-news/walnutlawn-sidekick-daughter-claims-top-prize-at-uk-dairy-expo/'] [HEADING=3]Walnutlawn Sidekick daughter claims top prize at UK Dairy Expo[/HEADING][/URL] [/LIST] The post [URL='https://www.agriland.co.uk/farming-news/milk-output-decreased-by-5-9-in-2023-defra/']Milk output decreased by 5.9% in 2023 – DEFRA[/URL] appeared first on [URL='https://www.agriland.co.uk']Agriland.co.uk[/URL]. [url="https://www.agriland.co.uk/farming-news/milk-output-decreased-by-5-9-in-2023-defra/"]Continue reading on the Agriland Website...[/url] [/QUOTE]
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