IFA urges co-ops to follow West Cork

Dairy farmers are hopeful processors will follow the lead of the four West Cork co-ops which have increased their milk price to the highest level since May 2015.

IFA dairy chairman Sean O’Leary said the announcement by Carbery that it would increase its payout to the West Cork co-ops by 1.5c/l means the co-ops would be paying 29c/l to 30c/l including Vat, thus making them the first of any co-ops to reach that level since May 2015.

Mr O’Leary said that the decision by Glanbia to increase the price by 2c/l to 28c/l (including Vat and a 1c/l co-op top-up) also established the fact that co-ops could increase by more than 1c/litre in October.