Farmers on track with super levy for exceeding final year quota

Ray Ryan reports that 6,400 Irish dairy farmers who accrued a €71m liability when the EU ended milk quotas are on target with repayments
Farmers on track with super levy for exceeding final year quota

MILK producers are on target to fully discharge a €71m superlevy bill imposed on them by the European Commission for exceeding their final year quota.

Some 6,400 Irish dairy farmers accrued the liability when the EU milk quota was abolished in April 2015. However, the bill became due for payment at the height of a dramatic slump in the prices paid to farmers due to market volatility and other issues.

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