date:Nov 22, 2012
Taking a view on 2013 prospects, Stan McCarthy said that dairy markets have stabilised, and if current market conditions were to remain the same into 2013, then we would be looking at a return to 2011 situation from a price perspective. On the supply side he said that New Zealand and the U.S. are primed to grow milk supply, with the EU too ready to increase milk output after 2015.
Professor Gerry Boyle, Teagasc Director, said that farmers should focus on the risks associated with expansion. H