Peat Harvest and Impact on Supply

Last month, Bord na Món, the semi-state company responsible for the harvesting of peat in Ireland reported that the country was witness to the worst peat harvest returns in 65 years. The reason? The 2.5 times average rainfall between July and August that contributed to a loss of 2.5million tonnes of peat, and a harvest of just 37% of what was expected.

The harvest (or lack thereof) is not expected to significantly impact upon the price of peat briquettes, as stock levels are high, and customer demand is expected to be met. In a statement, the company wrote that: “notwithstanding the difficulties presented by the weather, Bord na Móna is in a position to confirm it has taken steps to ensure it has adequate stocks of peat to supply its customers”.