Falling milk prices ‘will cost Roscommon €4.3m ‘spend’ on last year’

The Deputy President of the state’s specialist dairy farmers’ organisation, the ICMSA, has said that the current period of falling milk price is inflicting a battering on the rural economy to the extent that he estimates a total drop in spend of “well in excess of €1 billion” compared to last year and he estimated that the total dairy-derived spend in Roscommon will be down by at least €4.3 million on 2104.

  Mr Pat McCormack warned that current Government and EU policy complacency means that these kinds of enormous losses could continue into next year.