Dairy
Glanbia's 1c/L bonus for January-to-June milk supplies, as well as its 1c/L price boost for August milk, has been welcomed by the IFA.
All of Europe’s milk purchasers have announced price increases for August and September milk, reflecting fast-rising butterfat returns.
Today’s Global Dairy Trade auction has again demonstrated the continuing strength of butterfat prices, which justifies a milk price boost.
In light of butterfat shortages and strong global demand the IFA's Sean O’Leary said he would expect Irish co-ops to keep rising milk prices.
Glanbia giving preferential access based on linkage with feed purchases is objectionable to many farmers who had been in touch, says the IFA.
IFA Dairy Chairman Sean O’Leary has urged co-ops to follow the lead set by Glanbia and Lakeland and up their milk price by at least 1c/L.
IFA Dairy Chairman, Sean O'Leary, has said that there is scope present for co-ops to put another cent onto the milk price for July supplies.
A course which aims to train jobseekers and people in receipt of Farm Assist payments to become dairy operatives is to begin in September.
It is crucial that farmers are allowed to optimise their milk price over peak production months, the IFA's Sean O'Leary said.
farmers have taken the brunt of the dairy downturn, IFA National Dairy Chairman Sean O'Leary said, and a milk price increase is needed.
Ornua's Puchase Price Index (PPI) increased by 1.8%, to 106.8%, for the month of May; this represented its first increase in 2017.
On World Milk Day, the IFA believes that there is scope for a milk price increase of up to 2c/L to be announced for May supplies.
The IFA are calling on the Minister Creed to obtain a retention for the €30m left unspent under the EU milk reduction scheme.
Milk price increases continue to be justified, according to the IFA's Sean O'Leary, and co-ops must deliver fully back to farmers what significantly stronger market returns allow.
IFA National Dairy Chairman Sean O'Leary has said that the cashflow overhang on dairy farms must not be underestimated.
There is scope to increase the September milk price by at least 2c/L and Co-op boards gave been urged to pass back improvements in the markets back to farmers.
The new Minister for Agriculture is being urged to fast track the development of the dairy farm loan schemes.
Beef
The Minister for Agriculture, Simon Coveney, is being called on to reassess his most recent offer on the TB compensation scheme.
