Farmers expect co-ops to be upbeat over milk prices after latest report.
IFA dairy expert Kevin Kiersey said the Rabobank report follows several upbeat reports backing a strong milk price. As a result, he is urging co-op boards to hold milk prices at least for spring.
“Despite global economic concerns, Rabobank’s 2012 to 2015 study, forecasts solid demand growth at 2.5% per annum, as against 1.6% in 2011,” said Mr Kiersey. “Most of the demand is expected from emerging countries, giving opportunities for the world’s dairy export regions, making dairy the envy of the food world.
