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A half pound of butter. Flickr

Guess how many of these were sold around the world last year?

It’s a lot of milking.

350 MILLION PACKETS of Kerrygold butter were sold around the world last year, contributing to over €2 billion in turnover for the Irish Dairy Board.

The Irish food giant is the number one butter in Germany and the number one imported butter in the United States according to IDB’s full year report.

In total, the Irish dairy co-operative reported sales of €2.1 billion last year and a pre-tax profit of 22.8 million. Both figures represent an increase on the previous year, 5 per cent and 87 per cent respectively.

The IDB says that the created new sales and marketing teams in Russia, China, Saudi Arabia and South Africa last year and are targeting increases in those emerging markets as well as in the EU as restrictions ease over the coming years.

“The abolition of milk quotas in 2015 will present the Irish dairy industry with its first opportunity for meaningful expansion in the past 30 years,” says CEO Kevin Lane. “Our strategy is to ensure that IDB members and dairy farmers are optimally positioned to participate in this expansion opportunity through enhanced routes to market and sustainable, market led products.”

Jobs

The IDB have also announced that they are to open a new €30 million facility in Mitchelstown, Co. Cork, leading to the creation of 50 new jobs. The new factory is to be built in conjunction with Kerrygold and will also be used as an innovation centre for the multinational.

The co-op has also pointed towards a number of other changes from last year they feel have strengthened their global position. These include a partnership with First Milk in the UK and the acquisition of a Saudi Arabian company as part of plans to build a cheese manufacturing facility there.

Read: Coveney to dairy farmers: You’re (still) producing too much milk >

Read: Value of Irish food and drink exports nearly €10 billion in 2013 >

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    Mute James Fox
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    Jan 2nd 2022, 8:10 PM

    Living and working in Canada earning $90,000 plus bonuses. How. Is this relevant to Ireland.

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    Mute Longlin
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    Jan 2nd 2022, 8:31 PM

    @James Fox: At the least, we could have the Euro equivalent in brackets beside it. $90K is around €62K to prevent others having to look it up.

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    Mute thesaltyurchin
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    Jan 3rd 2022, 10:09 AM

    @Longlin: With all of these it’s worth looking at the monthly take home, which when added and converted is about €41k

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    Mute Ríain HenC
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    Jan 2nd 2022, 8:20 PM

    Median wage of these weekly journals is approx 70k a year salary ! Can we have a few more part time corner shop workers on €9 an hour and maybe a Carer / social welfare recipient paying extortionate rent for parity !

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    Mute Ryan O'Rourke
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    Jan 2nd 2022, 8:26 PM

    @Ríain HenC: they have to be the ones that get in touch. You’re not paid to do this feature I presume

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    Mute Soeren Kuehling
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    Jan 4th 2022, 4:48 PM

    @Ryan O’Rourke: exactly. If nobody with a low salary gets in touch with them first we won’t be able to read about it here. Against popular opinion these stories are not made up but real people.

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    Mute John Murphy
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    Jan 2nd 2022, 8:22 PM

    This is the best one so far! Canada! Dollars, 31 on $91k, Dungeons and Dragons…brillant, I have my fingers crossed for the Afghan Shepherd next week.

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    Mute Pat D'Arcy
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    Jan 2nd 2022, 8:36 PM

    @John Murphy: in fairness D&D is a bit of craic

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    Mute flexfinn
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    Jan 2nd 2022, 8:29 PM

    Once I saw the headline I knew the negativity would just flow through the comments ,with the 1st 3 comments being as expected can’t wait to see the rest

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    Mute Dan Moran
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    Jan 2nd 2022, 9:08 PM

    @flexfinn: Incredible foresight.

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    Mute B Collins
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    Jan 2nd 2022, 9:19 PM

    $2,200 for a 2+2 in Toronto is VERY good value.

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    Mute Jen Mc
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    Jan 2nd 2022, 10:58 PM

    @B Collins: yup, a relative of mine is paying $1900 for a 2 bed basement in Ajax. I paid $1350 a month for a 2 bed basement in North Toronto in 2017. Things are worse there than here!

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    Mute family guy
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    Jan 3rd 2022, 1:48 AM

    @Jen Mc: tell that to all the moaners on here, lol. Only they can change their own situation rather than expecting the government to pull them up

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    Mute Genera L Consensus
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    Jan 2nd 2022, 9:58 PM

    I want to be a Performance marketing manager

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    Mute pkunzip doom2.zip
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    Jan 3rd 2022, 10:07 AM

    @Genera L Consensus: your performance just isn’t good enough I’m afraid

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    Mute thesaltyurchin
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    Jan 3rd 2022, 10:10 AM

    @Genera L Consensus: nobody ‘wants’ to be a performance marketer…

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    Mute Daniel Murray
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    Jan 2nd 2022, 11:55 PM

    Not saving nowhere near enough for the money they’re making. If the plan is to every buy a place anywhere they need to up their game. I was saving more than that while renting on less than half their salary.

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    Mute Padraic Burke
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    Jan 3rd 2022, 12:37 AM

    @Daniel Murray: where in Killinaskully?

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    Mute Mickety Dee
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    Jan 3rd 2022, 7:40 AM

    @Daniel Murray: The numbers don’t add up. Their outgoings appear small yet they only have 6-900 dollars a month. There’s at least another 1.5k being spent somewhere

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    Mute John Killeen
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    Jan 2nd 2022, 10:46 PM

    It’s a piss take.

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    Mute Watchful Axe
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    Jan 3rd 2022, 12:03 PM

    @John Killeen: Not necessarily, you could have individuals that are high on life taking part. It might only really represent one percent of people but the other ninety nine couldn’t be bothered taking part in this.

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    Mute Pat Redmond
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    Jan 3rd 2022, 10:51 AM

    Spend some money on a visit to a gastroenterologist. A specialist will identify exactly the triggers.

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    Mute Declan Holden
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    Jan 3rd 2022, 9:23 AM

    Where’s the relevance for us folks living in ireland ?

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    Mute Kevk77
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    Jan 3rd 2022, 9:32 AM

    @Declan Holden: so when they return home for xmas next year you know how much you can tap them up for. Useful information comes in all guises.

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    Mute thesaltyurchin
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    Jan 3rd 2022, 10:13 AM

    Performance Marketing… ugh! making sure we’re all firmly engaged with cr@p we don’t need.

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