With a 28.65 levy on every litre produced over quota, farmers will be hit with severe financial hardship if they incur the levy. Current perfect weather conditions are ensuring that cows are likely to be out on grass for up to another three-four weeks so production is unlikely to reduce in the short term unless farmers take the decision to dry off early. Obviously the situation will vary depending on which Co-op the farmer is supplying, but co-ops that have been traditionally substantially under quota in the past, have increased milk supply in the last month closing the gap rapidly. The net effect means that flexi-milk will be very scarce in the spring and those farmers who are pushing on supply at the moment could take a severe financial hit”, said ICMSA Deputy President, Pat McCormack.
Ends 25 October 2013
Pat McCormack, 087-7608958
Deputy President and Chairperson of ICMSA Dairy Committee
Cathal MacCarthy, 087-6168758
ICMSA Press Office