Will the lack of quotas end up in a dairy bubble not unlike the property boom?

As the dairy industry faces into life post-quota and with milk prices in free-fall, it is a worrying time for many dairy farmers across Ireland.

While it is not the first time that dairy farmers have faced pressure on prices, what is different this time is the very heavy burden of debt that many farm families and young new entrants are carrying.

Much of this is due to the manner in which the current Minister for Agriculture, Food and the Marine has been relentlessly promoting dairying as a panacea to all the country’s ills.