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Articles Tagged ‘milk prices’

'Stop cutting milk prices' says IFA deputy president

IFA deputy president Tim O’Leary said that it was time the industry focused on putting an immediate end to 16 months of continuous milk price cuts.


Speaking at the Virginia Show, IFA deputy president Tim O'Leary said that it was time the industry focused on putting an immediate end to 16 months of continuous milk price cuts. He said these cuts have robbed farmers of almost all their margin and landed the majority of them into loss-making situations. 

€2.5bn turnover for Ornua in 2015

Ornua turnover increases to €2.5bn in 2015

Ornua has published its full-year results for 2015, which shows a 9 per cent increase in turnover at €2.5 billion for the year. Its annual members' bonus increased by 17 per cent to €14 million, while an additional cash bonus of €15 also announced. This was declared from the gain on the disposal of a majority stake in Ornua’s US distribution business, DPI Specialty Foods, in late 2015. This brings the total bonus for the period to €29 million.

August GDT auctions reinforce dairy market sentiment says IFA


The second positive global dairy trade (GDT) auction for August has been welcomed by the Irish Farmers' Aassociation (IFA). IFA president, Joe Healy, said: "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," he said.

Co-ops must leverage improved returns


The Irish Farmers' Association (IFA) has called on co-op boards meeting within the next week to consider May milk prices, to leverage the improved market returns of the last number of weeks to ensure that the totality of the April payout is maintained for May milk supplies.

Co-ops must not stall on price increases says IFA president


Irish Farmers' Association (IFA) president, Joe Healy, has said there must be no stalling by co-ops on further milk price increases. Mr Healy also said that he would meet co-op representatives in person to convey this message over the coming weeks.

Co-ops must step up on milk prices, says IFA


Major price cuts by co-ops in the last two months, added to very poor weather, depressing volumes and constituents, and increasing feed costs, have eroded margins massively and caused major hardship and frustration for dairy farmers, according to the Irish Farmers' Association (IFA). Co-ops must continue to support farmers with the strongest possible milk price for April, according to IFA national dairy committee chairman, Tom Phelan. 

Coveney hosts first meeting of Dairy Forum

Minister for Agriculture Food and the Marine, Simon Coveney, hosts first meeting of Dairy Forum.


Minister for Agriculture, Food and the Marine, Simon Coveney hosted the first dairy forum for stakeholders in the sector. The forum was established by the Minister to focus on strategic issues for the development of Ireland's dairy sector.

Dairy farmers must be heard on milk price

Dairy farmers must be heard on milk price


IFA National Dairy Committee chairman Sean O’Leary, speaking at today’s IFA AGM, urged all dairy farmers to be sure to attend their co-ops’ own AGMs to challenge their management team, chairmen and board members to deliver a sustainable farm-gate milk price for 2016.

Glanbia Co-operative Society launch €55 million GAP scheme


Glanbia Co-operative Society (the Co-op) today announced the creation of a €55 million Glanbia Advance Payment Scheme (GAP) that will offer interest free cashflow support to member suppliers in periods when milk and grain prices are weak.

IFA calls for halt to further milk price cuts


At a meeting of the Irish Farmers' Association (IFA) national dairy committee this week, dairy farm leaders from all over the country called for an immediate stop to any further milk price cuts, in the face of severe cash flow challenges on farms.

IFA push for immediate implementation of EU Food Chain report


Speaking from Brussels, where the Agriculture Committee of the European Parliament will meet today, Monday, January 9, 2017, to discuss the EU Food Chain report on increased price transparency and independent enforcement to strengthen farmers’ position with retailers, IFA president, Joe Healy, said it is critical that these recommendations are introduced without delay and actively enforced to rebalance power in favour of farmers.

IFA seeks firm milk price commitment from co-ops


With co-op boards to meet from early this week to consider the price for June milk, IFA President Joe Healy and National Dairy Chairman Sean O’Leary have written to co-ops’ Chairmen and CEOs to ask that their request to now make a firm milk price commitment to year end be read out at the meetings.

IFA to launch major liquid milk strategy: MilkWise 2025


IFA President Joe Healy and national liquid milk committee Chairman John Finn are launching a new major Liquid Milk Strategy, MilkWise 2025, for Irish produced fresh milk next Tuesday, March 28, at 11am in the Alexander Hotel, Fenian Street, Dublin 2.

Irish Co-ops must have confidence to emulate European milk purchasers - IFA


IFA National Dairy Committee Chairman Sean O’Leary has said that in the week in which most co-ops will be deciding on their November milk prices and considering the outlook for early 2017, they should draw confidence from the strong milk price increases in Arla and Friesland Campina among other European milk purchasers (see table below).

Keep GDT in perspective when deciding on February milk prices - IFA


Speaking in Brussels at the March COPA Milk Meeting, IFA national dairy committee chairman Sean O’Leary said that despite today’s 6.3 per cent fall in the Global Dairy Trade (GDT) auction index, farm organisations from all over Europe reported significant milk price increases and continued restrained output.