IFA National Dairy Committee chairman Tom Phelan has said co-op board members would meet in coming days to decide on their August milk prices and consider the situation to year end.
This must be the occasion to look back on an extremely challenging farming year, and to support hard pressed farmers, to make a commitment to year-end to first roll all top ups into base milk prices, and to return the strongest price markets allow right to year-end.
Mr Phelan added co-op board members must also take stock of their pricing structures, and restore price transparency and competitiveness by addressing growing milk price gaps.
“We believe there is scope for co-ops to make a firm commitment to at the very worst hold current payouts at least till the end of the year,” he said.
“I call on all co-op boards to examine carefully this month not only their August milk price decision, but also in the case of the lower payers how they propose to close the gaps that have developed,” said Mr Phelan.