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IFA President Joe Healy today (Tuesday) said that with GDT average price increases for butter and SMP of 15% and 10% respectively, and continued strong increases in EU average commodity prices, farmers would legitimately expect significant milk price increases for their August milk. He urged board members, who would be meeting from this week to decide on the August milk price, to pass back every last cent possible this month and beyond.

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Commenting this afternoon on the second strongly positive GDT auction for August, IFA President Joe Healy said that while the quantities traded through GDT were small in the context of total global trade, it was an undoubted fact that these results reinforced positively buyers’ and market sentiment all over the world. Co-ops should take heart from those results, and plan for significant further milk prices increases on July milk, but also for August and beyond.

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IFA National Dairy Committee Chairman Sean O’Leary today (Tuesday) reiterated his challenge to co-ops to build on decisions to hold base milk prices in June and move towards a situation of improving prices in line with market improvements as they become possible in coming months.

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IFA National Dairy Committee Chairman Sean O’Leary has welcomed the decisions by Kerry, Lakeland, Glanbia, Dairygold, Arrabawn and Aurivo to hold the price they will pay for milk supplied during October. He said the decisions were what the National Dairy Committee had been lobbying for this month.

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IFA National Dairy Committee Chairman Sean O’Leary has urged co-op board members, who will be meeting in coming days to set the September milk price, to hold it at their August levels, and give a commitment to hold to year-end at least.
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