Milk quota trading figures a vote of confidence in plans, insists Smith

IN the latest milk quota trading scheme, 542 applications from sellers and 2,707 applications from buyers were received.

Milk quota trading figures a vote of confidence in plans, insists Smith

Agriculture Minister Brendan Smith said last week that this showed demand exists for milk and it was a vote of confidence in ambitions to increase milk production.

He also said it indicated that the national component he introduced in the scheme this year is successful. This allows those who sell some but not all of their quota on the market exchange to dispose of their remaining quota through a national pool, to purchasers in other co-op areas who had been unable to have their full requests satisfied.

Already a subscriber? Sign in

You have reached your article limit.

Subscribe to access all of the Irish Examiner.

Annual €130 €80

Best value

Monthly €12€6 / month

More in this section

Farming

Newsletter

Keep up-to-date with all the latest developments in Farming with our weekly newsletter.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited