CAP compromise rejected by farmers

THE latest proposals for the reform of the Common Agricultural Policy were given a hostile reception by the Irish farm lobby yesterday.

Farm leaders said the plans tabled by Commissioner Franz Fischler would devastate the dairy sector and the incomes of 26,000 milk suppliers.

They calculated that proposals for a 32% cut in butter prices and a 16% cut in skim milk powder prices would result in a 25% milk price cut.