07 06 2017
IFA National Dairy Chairman Sean O’Leary has said the 1.8 point increase in the May Ornua PPI to 106.8, equivalent to a milk price of 32c/l including VAT, after deduction of a 6.5c/l processing cost, vindicates IFA’s view that more of the dairy market recovery can, and must, be passed back to farmers in a May milk price uplift of up to 2c/l.
11 05 2017
IFA National Dairy Chairman Sean O’Leary has said there are many good reasons for the optimism for 2017 milk prices, voiced by many industry leaders in recent months, to continue underpinning co-ops’ milk price decisions this month and next.
IFA National Dairy Committee Chairman Sean O’Leary has said that a meeting of Dairy and County Chairmen in the Glanbia catchment area organised by IFA last week confirmed that, in general, Glanbia farmers are favourable towards the proposals, but they still need reassurance on a number of points.
Commenting on today’s 3.1% uplift in the GDT auction index, IFA National Dairy Committee Chairman Sean O’Leary welcomed the recovery in powder prices. SMP prices lifted by a very significant 7.1% on average, while WMP – the auction’s most traded product – saw a 3.5% average price increase.