Glanbia welcome milk quota move

GLANBIA yesterday welcomed the announcement by Agriculture and Food Minister Mary Coughlan that she intends to introduce a new market-led system of milk quota management.

However, the ICMSA warned that the move would be disastrous and would result in higher costs and fewer dairy farmers, while Macra na Feirme said it was opposed in principle to a more market-driven system for transferring quota.

Ms Coughlan said the new system is needed. It would involve freeing up the movement of milk quota to committed producers and would benefit the cost of production and assembly.