Volatility has returned to the dairy market, claims co-op chairman

Volatility has returned to the dairy market, according to Tipperary Co-op chairman Matthew Quinlan, who said he was well aware of the problems this would cause at farm level.

Mr Quinlan was speaking at the co-op’s AGM, where he announced it had achieved sales of €147m, a pre-tax profit of €1m, and cash inflow of €3.4m.

Mr Quinlan informed the meeting that the stability of product prices that existed in 2011 had evaporated and volatility was once more a feature of dairy markets.