Even allowing for some supporting of milk prices in early 2016, co-ops should be in a comfortable position to hold prices at least until spring, and should even examine their overall 2017 financial situation to consider the payment of end-year bonuses.
Commenting on the very day that the GDT is having its 200th auction, IFA National Dairy Chairman Sean O’Leary said that while international dairy prices are easing, Irish co-ops are still benefiting from contract returns signed in better times, as evidenced by the September rise in the Ornua PPI.
02 11 2017
Commenting on the announcement this week by Lakeland and Aurivo of 3-year fixed milk price contracts for their suppliers, IFA National Dairy Chairman Sean O’Leary said that for farmers to have the option to fix the price for a portion of their production could be a very valuable way of managing volatile incomes.
IFA National Dairy Committee Chairman Sean O’Leary has said that, while the first GDT auction for October showed a little weakness, butterfat and cheese prices remain historically high, and EU latest commodity returns remain strong at 41c/l.
03 10 2017
IFA National Dairy Committee Chairman Sean O’Leary has said the Stakeholder Working Group to be established by Teagasc has a very important mission in promoting dairy farming as an attractive source of employment and indeed an opportunity for a successful career in a dynamic sector.