Martin Ferris
Ceist: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]
Amharc ar fhreagraDáil Éireann Debate, Thursday - 18 November 2004
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]
Amharc ar fhreagraGiven 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.