IFA warns against more milk cuts

Farmers simply cannot take any further milk price cuts, the IFA said yesterday.

Dairy committee chairman Sean O’Leary said farmers remain positive for the long term, but are concerned about the need for sustained profitability.

“Milk prices have fallen 11c/l in the last 13 months. From peak to today, that’s a 28% cut in prices, but over 78% cut in margin,” he said.