Co-Ops Need To Start Working On Price Increases – IFA
IFA National Dairy Chairman Tom Phelan said that co-ops owe it to their suppliers to reflect in their May milk price decisions the 4.8c/l increase in EU returns and the several points higher than expected 105.4 pts May PPI. “The time for price cuts is now over. While cuts in supports by both Lakeland […]
IFA Writes To Co-ops To Keep Supporting April Milk Price
IFA National Dairy Chairman Tom Phelan wrote to all co-ops Chairmen and CEOs on behalf of the Committee, which met on Monday. The letter, which the Committee requested be read at the next board meeting, expressed appreciation of the support provided thus far by most co-ops, but stressed that the crisis is not over yet, […]
Increased Ornua Bonus Payments Must Be Used To Support Farmers – IFA
IFA National Dairy Committee Chairman Tom Phelan welcomed the significant improvement in the 2017 financial performance by Ornua, which saw an 18% revenue growth to well over €2b, and an increase in EBITDA OF 24%. He said while this was a result of the development of new and increased routes to markets by the […]