IFA challenges dairy industry to deliver improved milk prices
It was launching a study it had commissioned from Prospectus, the consultancy company, which shows that savings of some €81.5 million can be achieved. The study claims tangible gains can be made through greater efficiencies, improvements in output value, greater co-operation, a better product mix and more marketing co-ordination.
It shows there is at least 2c/l per year to be made over the next two to six years from restructuring the industry. IFA president Padraig Walshe said dairy farmers cannot afford to wait around when such value can be realised. Decision time for the industry is now, he said.