Glanbia and Cork co-ops under pressure to support milk prices

Glanbia and the Co Cork dairy co-ops have come under intense pressure from farmers to support milk prices.

IFA National Dairy Committee chairman Kevin Kiersey has asked Glanbia, which cut its April milk price by 3c/l and its May milk price by a further 2.5c/l, to announce an end to milk price cuts for 2012.

He accused the country’s largest milk processor of inflicting a major financial blow to suppliers, which will make the kind of on-farm investment necessary for expected post-2015 expansion nigh on impossible.