ICMSA warns co-ops not to cut April milk price

ICMSA dairy chairperson, Ger Quain, said that any move by dairy co-ops to cut their April milk price will cause widespread anger among farmers.

Mr Quain said minimal year-on-year supply growth in the EU and US points to a rise rather than a cut in the milk price. He cited commodity butter/SMP running at over 31.2cpl and WMP at almost 35cpl in the latest Dutch dairy quotations.