Farmers’ concerns grow over Dairygold, Reox

THE deterioration in the trading outlook for both Dairygold Co-op and Reox Holdings has raised major concerns among farmers.

IFA National Dairy Committee chairman, Richard Kennedy, last night strongly criticised Dairygold for cutting their milk price by 2c a litre for February, and by a further 2c for March, leaving suppliers facing a March price of 20c per litre plus VAT.

Farmers were furious that the board of Dairygold were leading milk prices down, turning their back on a history of strong, competitive prices reflecting a diversified product mix, he said.