Dairy farmers facing a double threat due to super levy fines

Dairy farmers are facing a double threat in the form of super levy fines coming on top of the present price squeeze, the Irish Creamery Milk Suppliers has warned.
Dairy farmers facing a double threat due to super levy fines

Pat McCormack, its deputy president, said figures from the Department of Agriculture showed milk supplies at the end of last month were 6.9% over quota.

He said he was in no doubt the figures indicate a challenging cashflow situation . “The projected super levy could be close to €110m given the current percentage over runs and, instead of slowing down, September showed a further increase in the projected super levy figure,” he said.

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