ICMSA ‘disappointed’ as some processors cut July milk price

The decision of a number of milk processors to cut the July milk price is extremely disappointing for farmers, according to the Irish Creamery Milk Suppliers Association.

Deputy president Pat McCormack said the ICMSA is concerned that the price decisions took too much account of dairy product price movements in August.

August price movements are generally ‘out of sync’ with other periods and are an unreliable indicator, he said.