Macra support for new quota regime
Colm Markey, Macra president, said it was good news for young farmers and would ensure most of them would not be priced out of the market for quota. He said the new regime had struck a balance between keeping prices down and releasing more milk quota. Mr Markey said Ms Coughlan had included vital “price cooling measures” in the new regime.
“Farmers in Ireland spent over €300 million on milk quota since the year 2000 and it is vital that quota prices are kept down at a time when milk price is falling,” he said.