Longford Farming: Rise in milk price justified says IFA
Boards must raise the base price of milk
IFA National Dairy Chair Stephen Arthur said boards sitting down this week must raise the base price as current dairy market returns fully justify this increase.
“Input costs remain stubbornly high and with weaker than anticipated milk supply in the backend farmers starting back into milk this spring need a strong milk price. This isn’t the time for lining the coffers, every cent has to be paid back to the farmer,” Stephen Arthur said.
“The cost of milk production on farms has soared in the past 12 months and dairy farmers cashflow was only sustained by the strong buffer carried over from 2022. The buffer is long gone.