Updated figures likely to confirm super levy

More accurate figures on the national milk quota position are expected to be available by the end of this week.

Updated figures likely to confirm super levy

With 99% of returns received from co-operatives in late April, the level of milk deliveries up to the end of March was estimated to be at 0.69% above quota, following estimated adjustments for the butter fat content and the leap year. Based on these estimates a national super levy fine in the region of €11m liability was expected.

Final figures are expected by late August, allowing co-operatives to notify each milk producer who has a super levy liability and request that it be paid to the Department of Agriculture by Oct 1, 2012.

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