Milk price drops up to 20c in months
The ICMSA has this week criticised co-ops citing "downward price pressure" on dairy products as the reason for cutting farmer milk price.
Farmers have experienced further cuts to milk prices this month with warnings of more to come.
Diarmaid Mac Colgáin, founder of farmer price-locking app Concept Dairy and former head of trading with dairy exporter Ornua said in terms of reduction in milk price this year, "I think there’s a little bit more to go in it", he said, but there should be "some strength in the back half of the year".
