Farmers call on Glanbia to retain current milk price to March at least

Dairy farmers want Glanbia to retain its current milk price until at least the end of March, according to IFA national dairy chairman Kevin Kiersey.

Last July, Glanbia raised its milk price by 0.95c/l plus VAT and promised to retain that increase until the end of December. The IFA now wants the co-op to extend that promise until March in line with a similar promise made by Dairygold to its suppliers.

Mr Kiersey said: “There are many more reasons to be positive about the dairy outlook for 2012 than there are to be negative... despite the global economic challenges, demand has thus far kept up with supplies, there has been no major stock build up, and commodity prices, though easier, remain at historically strong levels.”