Fines of €15m for quota breach
Superlevy fines totalling about €15m, of 28.68c per litre, will be paid by dairy farmers in co-ops and dairies which finished the EU production year over quota. That includes the biggest groups like Glanbia and Dairygold, but sources at Kerry Agribusiness indicate they have stayed within their annual quota, with butterfat adjusted deliveries of milk at the end of March estimated to be 14m litres under quota.
Agriculture Minister Simon Coveney said the final figures will be confirmed at the end of May. Co-ops and dairies are required to forward a statement to the department for each milk producer, showing the quantity and fat content of their milk delivered for the quota year, no later than May 15.
