The Ulster Farmers Union, along with representatives from the other UK farming unions, has met the DEFRA minister, George Eustice to discuss the continuing dairy crisis.
Speaking after the meeting UFU dairy chairman, Jonathan Moore said: “While we welcome the fact that commodity prices have risen in recent weeks, these gains have yet to be reflected in the prices farmers receive.”
He added that with supply and demand still out of balance there was a concern that these commodity price rises may not be sustained. As a result the UFU has urged DEFRA to review current intervention thresholds.
“A review is needed so that when prices do begin to recover we can be more confident that we will not find ourselves in this position again,” he said.
The meeting also discussed the recently announced European Commission dairy package and looked at some of the finer detail, including a supply chain reform and the need to address volatility. The UK unions jointly stressed the need for buy-in to this from all players in the supply chain.
“This meeting was a good opportunity for UFU to suggest a ‘tool box’ of initiatives to help address the longer term problems of the dairy sector, including the need for some form of margin protection insurance against volatility,” said Mr Moore.