IFA urges all co-ops to follow suit as milk price to suppliers increases

MILK price increases announced by a number of co-ops have been welcomed by the Irish Farmers Association.

National Dairy Committee chairman Richard Kennedy urged all those co-ops that have yet to set their October price to follow their example, making the most of rapidly improving markets to invest in their suppliers’ confidence.

He said while milk prices still fell far short of breakeven, fully justified price increases in September, October and even in November will help set the scene for improved on-farm profitability in 2010.