The figure was 7.15% and 6.51% in October and November respectively. Despite the drop, it is still way above the 1.63% over-quota this time last year. The quota year will end on 31 March when EU milk quotas will be abolished.
“This downward trend in the over-quota figure is welcome as it reduces the exposure of farmers to superlevy payments," said the Minister. "I would encourage prudent management by farmers of their output in these final three months of the quota regime to help ensure that they enter the quota-free world with as little debt as possible."
No soft landing
ADVERTISEMENT
Minister Coveney added that he is continuing to work with Ag Commissioner Phil Hogan to examine if measures can be taken to minimise the bill.
However, Hogan has previously stated there is no prospect of avoiding the threat of massive superlevy bills.
Milk deliveries for the 2013/2014 milk quota year were 0.65% above quota, leading to a €10.5m fine.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
The figure was 7.15% and 6.51% in October and November respectively. Despite the drop, it is still way above the 1.63% over-quota this time last year. The quota year will end on 31 March when EU milk quotas will be abolished.
“This downward trend in the over-quota figure is welcome as it reduces the exposure of farmers to superlevy payments," said the Minister. "I would encourage prudent management by farmers of their output in these final three months of the quota regime to help ensure that they enter the quota-free world with as little debt as possible."
No soft landing
Minister Coveney added that he is continuing to work with Ag Commissioner Phil Hogan to examine if measures can be taken to minimise the bill.
However, Hogan has previously stated there is no prospect of avoiding the threat of massive superlevy bills.
Milk deliveries for the 2013/2014 milk quota year were 0.65% above quota, leading to a €10.5m fine.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS