Oireachtas Joint and Select Committees

Thursday, 15 January 2015

Joint Oireachtas Committee on Agriculture, Food and the Marine

Dairy Sector: Irish Dairy Board

10:10 am

Mr. Aaron Forde:

On many farms in New Zealand, that would be the case. Anecdotally, one would hear that debt levels and the ability to service those debts are a concern. They are experiencing the sharp end of volatility in the same way we are at this time. The message of expansion for expansion's sake is certainly not a cure for all ills. Having all parts of the supply chain in good shape - from farm, through processor and through to the customer level - with the cost level in good shape so they are able to make money, is the key message.