PROSPECTS for milk prices are improving by the week and the justification for a milk price increase is stronger than ever, according to the ICMSA's Dairy Committee Chairman Pat McCormack.
Given the massive pressures facing farmers at farm level at present, particularly because of the impact of the summer's very poor weather conditions, a price increase is badly needed by farmers.
"It is quite clear that problems and bills are building up at farm level and absolutely every cent will count in what is already an extremely difficult year. Coop boards will simply have to pass back immediately any improvements in the marketplace. Farm incomes are going to take a hammering this year due to reduced product prices, escalating costs and disastrous weather and Co-op boards must do everything possible to assist farmers at this time", said Mr McCormack
Following a six per cent increase in the latest Global Dairy Trade Auction and close to a seven per cent increase in the Irish Dairy Board milk price index for August , Mr McCormack said there was now clear evidence of a recovery in the dairy market.
In relation to the IDB index, Mr. McCormack said that it is the first increase this year and that the index is now back above the level of last April. He said the Dutch Dairy Quotations have shown significant improvements for five successive weeks and with serious question marks over global supply, dairy farmers can now legitimately expect that milk price increases should be back on the agenda of every co-op board.
The decision of Glanbia to increase its August price by 1 cent per litre to 29.5 cents per litre was a welcome development, he said, and other co-op boards should now follow suit.
Meanwhile, Kerry ICMSA, Abbeydorney Area will meet on Wednesday 12 September at 8.30PM in McElligott's Bar. The agenda includes CAP and a dairy and beef update. The speaker is Denis Carroll, Committee Chairman and the meeting will also deal with resolutions for the AGM and the election of officers and delegates. Queries to Edward O'Sullivan, Area Development Officer, 087-9980727
Kerry ICMSA, Rathmore Area, will meet on Monday 17 September at 8.30 at JJ Murphy's Bar, Barraduff. The agenda includes CAP and a dairy and beef update. The speaker is Mary Buckley, Policy Officer and the meeting will also deal with resolutions for the AGM and the election of officers and delegates.