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Dairygold chair Pat Clancy said that global dairy markets remain in a broadly similar position to last month, with supply continuing to outpace demand.
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High supplies and low demand are causing further dairy market price corrections, with the GDT the latest to be hit, writes Aidan Brennan.
The issue about the timing of the contract deadline was raised at meetings in Limerick and Kerry this week.
Just shy of two-thirds of ArraTipp suppliers were positive about the future of milk production on their farms, with 30% unsure and 5% negative or very negative.
High global dairy supply is putting a low floor on dairy commodity prices, writes Aidan Brennan.
Co-op board pleased to be in a position to set a floor on the milk price for June, July and August supplies, Tirlán chair Ger O’Brien said.
The latest quarterly report from RaboResearch has predicted that global milk output will contract in the final quarter of this year by 1.6%.
It wasn't a good week on the dairy markets as high milk supply statistics from Germany dampens expectations of a price rise.
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