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Farm Household Incomes.

Dáil Éireann Debate, Thursday - 18 November 2004

Thursday, 18 November 2004

Questions (39)

Martin Ferris

Question:

30 Mr. Ferris asked the Minister for Agriculture and Food if she will make a statement on the effect which milk prices are having on farm incomes. [29189/04]

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Written answers

Given the importance of the sector in this country, milk production is a significant contributor to farm incomes. This year has been a good one for the dairy sector and the market has been very buoyant with strong demand for the main dairy products. Consequently, producer prices in Ireland are similar to last year, notwithstanding the reduction in the intervention prices agreed as part of the CAP mid-term review. Producers have recently been paid a dairy premium amounting to approximately 1.2 cents per litre as partial compensation for the reduction in the intervention price levels.

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