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Speaking from Normandy where he was this week attending the first European Dairy Meeting organised by the French dairy farmers’ union, FNPL, IFA Dairy Chairman Sean O’Leary said it was important that the current severe milk price slump would encourage European farmers to press their policy makers and industry stakeholders to urgently develop instruments to help them deal with extreme volatility.

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IFA National Dairy Committee Chairman Sean O’Leary has said that news from New Zealand suggested that their output would fall dramatically this year, with direct consequences, many already visible, for international dairy prices.

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IFA National Dairy Chairman Sean O’Leary this week said the August Ornua PPI had barely moved from its July level, from 91.8 to 91.5 points, which was equivalent to a net farm milk price of 26.96c/l incl VAT for 3.3% protein and 3.6% fat milk. This, he said, would help co-ops hold their August milk price, and would play a strong part in the current series of farmer-to-farmer discussion meetings with co-op boards being run this week by the IFA National Dairy Committee as part of its autumn milk price campaign.

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