ICMSA calls on co-op boards to insist on 3.3% and 3.6% standard basis

Milk processors to add new metric on milk price
ICMSA calls on co-op boards to insist on 3.3% and 3.6% standard basis

Dairy Industry Ireland announced during the week that milk processors will be adding a new metric on milk price to their monthly milk statements. File Picture. 

Following the announcement from Dairy Industry Ireland (DII) that milk processors will be adding a new metric on milk price to their monthly milk statements, chairperson of ICMSA’s Dairy Committee, Gerald Quain, said co-op boards must now “assert their authority”.

He added that no decisions - in relation to milk price reporting to farmers - should be taken by an external body where co-ops are represented by management and not by farmer board members.

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