Dairygold suppliers can stagger their superlevy

IFA National Dairy Committee Chairman Sean O’Leary has praised Dairygold Co-op for their phased superlevy payment scheme, which will allow their suppliers to stagger their superlevy payments over the following two years’ peak milk supply periods.

He said this was a positive example to other co-ops, perhaps in co-operation with financial institutions, to help suppliers through the challenging transition out of quotas.

Mr O’Leary urged farmers to remember that, whether or not their co-op and their banks provide an instrument to help them deal with superlevy and short term cash flow problems, they will still have to pay in full any fine arising from exceeding their quota.