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IFA National Dairy Chairman Tom Phelan today (Fri) welcomed the move by the Lakeland Dairies Board to hold their September milk price at 30c/l incl VAT.

  IFA National Dairy Chairman Tom Phelan today (Wed) said the small increase in the September Ornua PPI to 103.8 points (30.9c/l incl VAT), was clear validation of IFA’s case that co-ops must stop the slide on milk prices, and start thinking about ways to improve farmer pay-outs over the coming months.

IFA President Joe Healy said that every effort must be made to try and avoid the US applying the proposed tariffs, but the risk of US tariffs was already priced into international dairy market trends.

IFA National Dairy Chairman Tom Phelan said today’s 2.7% increase in the GDT price for skimmed milk powder is further proof of improved sentiment on international dairy markets.  

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