ICOS wants quota price reductions

The co-ops umbrella body ICOS has announced it supports a three-year quota price reduction from 75cpg to 25cpg and simplified categories.

President Donal Cashman confirmed the ICOS board and dairy committee have carried out an assessment of milk- quota restructuring needs taking account of the potential impact of the Luxembourg Milk Reforms

They concluded that the restructuring scheme needs to deliver increased volumes of quota at prices which will underpin the incomes of active producers.