Dairy sector faces price fluctuations

THE dairy industry will have to adapt to greater fluctuations in milk prices for the future, the Irish Dairy Industry Association, the IBEC group representing processors, warned yesterday.

It said that as Common Agricultural Policy market mechanisms are dismantled and export supports reduced, European dairy prices will be greater influenced by changes in world prices.

IDIA director Michael Barry said there are now fewer ways in which Europe can intervene to support dairy prices.