Dairy farmers face long wait for price lift, says Glanbia

Global demand hit by slowdown in China and Russia

28th February, 2016
Mark Garvey, group finance director of Glanbia, with Siobhán Talbot, managing director Picture: Dylan Vaughan

Falling global commodity prices will continue to hit Irish dairy farmers for the rest of the year at least, according to Glanbia, which controls one of the biggest milk pools in the country.

Glanbia, through its joint venture with its founding co-operative society, is one of Ireland’s biggest milk producers and exporters.

It says demand globally is being hit by a slowdown in Russia and China, just as milk production was ramped up...

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