14 08 2017
IFA National Dairy Committee Chairman Sean O’Leary today (Monday) said that, while there are concerns over SMP intervention stocks, EU Commissioner Phil Hogan has made it clear he is determined not to sell except “at the right price”.
IFA National Dairy Committee Chairman Sean O’Leary said today’s upturn (+1.7%) in the GDT weighted average price for products to be traded between April and September reflected the absence of surprise increase in volumes made available, by Fonterra especially.
Co-ops have worked in conjunction with Ornua to ensure more farmers are offered the option of fixed milk price contracts. FMPCs are not for everyone, but they are always worth considering – read some guidance on making your decision.
The first GDT auction of 2017, which saw a weighted average decrease in the index of 3.9%, does not reduce the scope for further milk price increases for Irish dairy farmers on their December milk, IFA Dairy Chairman Sean O’Leary has said. He called on co-op boards to increase prices as markets justify.