IFA urges dairy co-ops to hold the line on spring milk prices
IFA national dairy chairman Seán O’Leary said that while current returns remained weak, they were now improving as the global dairy market recovery is under way. He said farmers need the industry to hold the line, despite the slight easing of the Irish Dairy Board index for January.
“There are two main reasons why co-ops can, and must, hold their prices for the next two months,” said Mr O’Leary. “First, international markets have started on what all agree is a real recovery. Second, farmers are set to live through a very difficult number of months in 2015, during which low prices, tax bills and superlevy fines will erode cashflow and challenge their ability to deliver on the expansion the industry needs to justify its significant investment.”
