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The Irish dairy sector had sought a total exemption from new EU regulations around supply contracts but this was rejected by Brussels.
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Dairy markets continue to recover, with the GDT auction increasing by 5.7% this week and further gains in the spot market.
With Aurivo and Dale Farm contemplating co-habitation, is this the era of dairy co-op consolidation?
Some buyers remain cautious, aware that it will take time for the global milk supply to decrease, Ornua said.
Dairy product prices in Europe have picked up this week, as the market re-balances after months of declines.
Butter prices fell again in Europe this week, as increased supplies continue to weigh on the dairy market.
ICMSA claim an EU-wide voluntary milk supply reduction scheme was urgently needed to 'put a floor' under the market.
ICMSA president Denis Drennan said such a scheme would reduce supply coming on to the market and this has been proven to “put a floor under” milk price for farmers.
Advice for supporting gut health Taking a preventative approach to scours and supplying calves with targeted health products during digestive disturbance are essential for sustained growth.
