Farmers cannot be expected to bear the market risk from volatile milk prices and still expand production just to fill capacity, according to newly-elected IFA president Joe Healy.
He was speaking at a joint conference in Laois with FCStone on Making Risk Management Work for Farmers.
Mr Healy sent a clear message to the industry: “There can be no more milk price cuts. Farmers can take no more.”
The IFA president said that after five years of major investment, co-op management teams and boards must take stock and find cost savings and efficiencies in every area of operation. Consolidation, joint ventures, co-operation must come back to the fore.
Full story in this week's Tipperary Star