Dairy farming in Northern Ireland is around £0.5 million a day worse off than it was this time last year, the Ulster Farmers’ Union has claimed as the crisis in the industry deepens.
Speaking after a meeting of stakeholders including the banks, dairy processors, CAFRE and DARD to discuss the worsening situation on local dairy farms, UFU dairy chairmen Jonathan Moore saidrepeated a call fro the union for urgent action at government level.
“To help address this ever worrying situation it was agreed that a UK-wide meeting of Agriculture Ministers needed to take place to discuss the difficulties facing the dairy sector.
“The grave nature of this situation has been further illustrated by the latest Global Dairy Trade auction in New Zealand which saw Whole Milk Powder fall by 13.1 per cent,” he said, adding that that represented the ninth consecutive fall leaving milk powder worth half the price it was in June last year.
“Coupled with further falls in the Dutch Dairy Board prices this makes an already worrying situation even more critical.”
A conference planned shortly will look at primary production and ways to address cash flow concerns he said.