Irish Retailers And Dairies Cannot Use International Price As An Excuse
IFA National Liquid Milk Committee Chairman Teddy Cashman, today has warned retailers and dairy processors against using the pressure on international milk prices to undermine year-round milk production in this country.
Supermarkets in the UK will meet with farmers’ representatives today to discuss and address the pressure on dairy farmers over the price paid for their product now that the price has dropped below the cost of production, which has lead to increasing pressure on farmers.
“We know that Irish retailers are seeking to use the global dairy market downturn to squeeze lower prices from dairies. Retailers will have to recognise that this is not justified, regardless of international commodity price trends, consumers continue to pay stable retail prices”, he said.
He concluded by saying that in the Irish market, retail milk prices have been very stable in recent years and this should be recognised. Dairies and retailers need to work together to ensure adequate remuneration of Winter milk production, even though there has been a huge base price cut suffered by all dairy farmers.