Depth of dairy slump is just sinking in

Reduced March milk cheques have brought home to dairy farmers how bad the dairy slump is, said ICMSA’s dairy farmers spokesman, Gerald Quain.

And he called this week for the €29m of bonuses paid to milk processors by Ornua to be distributed to cash-strapped dairy farmers.

Meanwhile, retailer sympathy for struggling dairy farmers across the EU has ended, with Lidl in Germany sparking a milk war by cutting the price of a litre of fresh whole milk from 59 to 49 cents.