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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.

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Speaking today from the official opening of Ornua’s Kerrygold Park butter packing plant, IFA National Dairy Chairman Sean O’Leary said this is an important investment for the entire Irish dairy sector, and it must be fully utilised to leverage stronger and more stable returns for the benefit of farmers for the long term.

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Commenting on June milk price decisions, IFA National Dairy Chairman Sean O’Leary, while noting the Kerry decision to hold their milk price, said that suppliers to Glanbia and Lakeland would receive 1c/l less for their June milk than they received for May, because the May milk payout included a one-off Ornua 1c/l bonus from the proceeds of the sale by Ornua of DPI in the US.

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IFA National Dairy Committee Chairman Sean O’Leary today (Tuesday) welcomed the decision by the Board of Ornua to suspend the 0.14c/l levy on dairy farmers until the Ornua PPI returns to a level equivalent to 30.5c/l incl VAT.

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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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