IFA seeks accountability regarding Ornua PPI
IFA Dairy Chairman Stephen Arthur notes that the Ornua PPI for February 2022 is equivalent to 45.8cpl. When adjusted to include the Ornua Value Payment this equates to 46.9cpl. These recent developments he says, mean that even when the PPI has accommodated a rise in processing costs, are still returning a farm gate milk price that processors are not matching. This month’s PPI accommodates a rise in processing costs from…