The Irish Creamery and Milk Suppliers Association (ICMSA) has said that the results were positive and a testament to the underlying quality of Irish dairy products.
ICMSA President Pat McCormack said that the reputation of Irish milk was built upon the standards achieved and being driven forward by the farmers themselves.
“ICMSA’s position is very clear: milk price needs to start moving upwards and the objective of Ornua must be to deliver a milk price that exceeds the growth in the cost of production.,” he said.
He highlighted the “eye-catching” Ornua results that he said ‘called into the question the current milk prices being paid by largest Co-ops to their farmer-suppliers’.
“It is quite clear from the Ornua results that markets returned well in 2018 for processors in what was an extremely difficult year for farmers,” he continued.
“And it is just as clear that milk prices must at least move up to the Ornua PPI for when the March milk prices are declared.”
© 2019 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click sign-up to subscribe to Checkout.