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UFU Welcomes Price Rise at Milk Auction

24 July 2009

UK - The Ulster Farmers’ Union says a rise in milk prices at today’s Milk Auction to 19.54 pence per litre will be a welcome boost for dairy farmers.

UFU President Graham Furey said; “Milk prices fell at last months auction to 18.83 pence per litre and this was a blow to dairy farmers’ morale, who were and still are enduring a very difficult financial crisis. The fact that prices have risen at today’s auction will be a very positive signal to milk producers. Of course the reality is that prices are still well below production costs, but a rise in prices is nevertheless most welcome”.

Graham Furey said; “Prices have risen to 19.54 pence per litre and the target now will be to find ways to push prices above the 20 pence per litre barrier and beyond. We have been meeting processors one by one to explore ways to generate better prices for producers and we will keep pressurising in Brussels for more support from the European Union.

"This is a fight to secure the future for dairy farms in Northern Ireland and now is the time for the EU, retailers, local processors, banks and producers to do whatever can be done to ride out this financial crisis in the industry”.

“The fact that prices increased at today’s auction, despite the fact that there had been speculation of a drop in prices, is a welcome development for producers”.

TheCattleSite News Desk



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