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Milk Prices

Dáil Éireann Debate, Tuesday - 26 September 2017

Tuesday, 26 September 2017

Questions (411)

James Browne

Question:

411. Deputy James Browne asked the Minister for Agriculture, Food and the Marine his plans to increase compensation for the loss of milk production in view of the fact that current prices do not reasonably match the market value. [40292/17]

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Written answers

Milk production for the first half of 2017 was up in Ireland by just over 10% on the same period in the previous year.  The Irish raw milk price has been above the EU average for the last number of weeks.  On this basis there are no immediate plans to implement any additional compensation schemes for dairy producers.

However, my Department monitors the market situation for dairy and other agrifood commodities on an on-going basis.  We also continue to work closely with industry and our European counterparts to ensure that appropriate steps are taken to mitigate against market volatility in as far as is possible.

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