The Chairperson of ICMSA’s Dairy Committee has welcomed the announcement by a raft of processors that they intend paying 33 cents per litre for June milk. Gerald Quain acknowledged the decision which he said was an overdue recognition of that this price could – and should – have been paid for May milk. Mr. Quain said that the while the price rise was welcome it was, effectively, a month late. He noted that dairy returns had remained constant right throughout June with the exception of Butter which was still on an upward trajectory. “The feedback ICMSA is receiving from its members is that they feel that the appropriate price rise due in May was actually ‘held back on’ by the processors at that stage and that now needs to be rectified by meaningful increases for both June and certainly July supplies. The ‘low and slow’ approach to passing back better milk prices and timely upwards adjustments of the Ornua index had to end and executives and boards would want to finally recognise that farmers can read and follow the data just as easily and accurately as the co-ops and processors themselves can.”
Ends 14 July 2017.
Gerald Quain, 086-3623041
Chairperson, ICMSA Dairy Committee
Cathal MacCarthy, 087-6168758
ICMSA Press Office