Move towards milk quota abolition will boost confidence, says Hanley

Dairy farmers can look to 2013 with confidence despite the recession and the likelihood of further price volatility, according to Lakeland Dairies CEO Michael Hanley.

The leader of the Co Cavan-headquartered co-op said Irish milk suppliers could benefit from growing demand for dairy products in emerging global markets.

He also offered suppliers encouraging news on global milk output having modified of late, and the recent global oversupply having been largely cleared.