Speaking at the Teagasc National Dairy Conference in Cork, Dairygold CEO Conor Galvin said there has been a correction in the market, but that milk prices are still significantly above 10c/l higher than the long-term average.

Speaking on the subject of sustainability and new environmental restrictions, he said that the challenge over the next few years is to “retain what we have spent the last decade building up and to take actions to hold on to what we have”.