NEWS & EVENTS

The President of ICMSA, Pat McCormack, wished Mairead McGuiness well in her new role as EU Commissioner for Financial Services, Financial Stability and Capital Markets Union and said that it is absolutely essential that in her new role as Commissioner she plays her part in ensuring the best possible outcome for…

The President of ICMSA has said that the Irish priority now must be to retain the Trade Portfolio within the EU Commission and that could only happen if the Government nominates someone with the requisite skill-set and a record of political and negotiating achievement.   Mr. Pat McCormack said that there…

Commenting on the calls for the resignation or sacking of EU Commissioner for Trade, Phil Hogan, the President of ICMSA has warned against what he called “cutting off our Brexit nose to spite our Covid face”.   Pat McCormack said that it would strategically self-defeating and self-indulgent for the Government…

The Chairperson of ICMSA’s Dairy Committee, Mr. Gerald Quain, has welcome the decision of Lakeland Dairies to increase its milk price to 30 cents per litre which is in line with market returns.   The reality is that dairy markets have recovered from the Covid-19 shock and the minimum milk price…

Responding to the announcement today (Friday, 10 July) by the President of the European Council in relation to Covid-19 Recovery Fund, the President of ICMSA, Mr. Pat McCormack said ICMSA welcomed the inclusion of a proposed €5billion Brexit Reserve Fund which is absolutely essential in the context of the next…

Speaking following the latest auction in the Global Dairy Trade, Mr. Gerald Quain, ICMSA Dairy Committee Chairperson has said that the increase of 8.3% is very significant and vindicates ICMSA’s view that there is significant positive momentum in the dairy market at present.   It also shows that price increases must…

The Chairperson of ICMSA’s Livestock Committee has said that he had “no doubt” that factories should be paying more than they are at present for cattle: “The number of finished cattle will tighten going forward. As of 1 May 2020, the number of male cattle over 12 months of age is…

The Chairperson of ICMSA’s Dairy Committee has stated that dairy markets have again moved forward during June with all the statistics pointing to improved returns from the marketplace and, on that basis, all Co-ops should be at least paying 30 cents per litre for milk supplied in June.  Ger Quain…

The President of ICMSA has said that the announcement by Tesco that the sales of steaks in their outlets had “rocketed” by 40% during the COVID lockdown was very interesting but not for the reason that Tesco imagined.   Mr. Pat McCormack said that no single piece of data illustrated…