Deadline nears for milk quota scheme

DAIRY producers intending to apply to the new milk quota trading scheme were reminded yesterday that the deadline for applications is November 24.

Applications to buy quota must be accompanied by a cheque for the full value of the bid, made payable to the co-op.

Agriculture and Food Minister Mary Coughlan said a review would be undertaken after this first scheme. “However, there will be no substantial change to the priority pool/market exchange structure of the scheme before the second run in spring 2007,” she said.