Milk quota prices will continue to soar until end of 2015, says ICMSA

PRICES being paid for milk quota will continue to soar between now and the end of the EU quota regime in April 2015, cautions ICMSA dairy committee chairman Pat McCormack.

The dairy group expert is urging Agriculture Minister Simon Coveney and the co-ops to follow the lead of Kerry Co-op, the only group so far to offer post-quota price clarity to dairy farmers.

Kerry is to offer farmers contracts guaranteeing it will process 20% more milk than the co-op’s present quota from 2015 onwards.