The ICMSA Dairy Chairperson has warned that Irish milk suppliers are losing patience as the bounce fails to materialise in their farm gate prices.
2023 has seen significant falls in farm gate prices of 20cpl or higher in the first half of the year.
The falls in price some farmer experienced were in some cases higher than the total price received by some as recently as 2016.
Noel Murphy says he accepts Co-Ops have had a difficult year but they must reward the farmers:
One of our biggest dairy companies, New Zealand-based Fonterra, said today that it will sell its Australian operations in a major corporate overhaul.
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