09 12 2016
IFA National Dairy Committee Chairman Sean O’Leary has said the analysis of the Dairy Forum earlier this week matched views expressed recently by industry leaders on 2017 milk prices, which are expected to average out at between 30 and 33c/l for basic constituents, with scope for farmers to receive more for higher constituents.
09 11 2016
IFA National Dairy Committee Chairman Sean O’Leary today (Wednesday) said strong EU October average dairy returns of around 35c/l, and the 3.7 point increase in the October Ornua PPI to the equivalent of 27.9c/l including VAT are further proof that a significant increase in the October milk price is fully justified, and the continued strong trends vindicate IFA’s call for a 3c/l uplift.
IFA National Dairy Committee Chairman Sean O’Leary has said that, even allowing for this week’s slight cooling off in GDT, continued increases in EU and global commodity price trends, underpinned by falling milk production and rising cow culling in all regions bar the US, fully justify further milk price increases for September and the coming months.
07 09 2016
IFA President Joe Healy today (Wednesday) said that the Ornua PPI increase to 85.8 points, equivalent to a farmer milk price for August of 24.3c/l incl VAT, Is the latest sign after the third strong GDT increase in a row, and significant improvement in EU average dairy prices that farmers were right to expect significant milk price increases for their milk this autumn.