No early milk price uplift

Irish farmers are unlikely to see any lift in milk prices over the next nine months at least, a major agri-food conference was told yesterday.

Kevin Bellamy, global analyst with Rabobank in the Netherlands, made the prediction at the Agricultural Science Association (ASA) conference in Kilkenny.

He said a continuing sluggish global economy and a gradual slowing of growth in China indicate little prospect of a lift in prices until at least the second half of 2016.