Milk quota prices remain steady

By FWi staff

Monday, 13 July, 1998

THE market for milk quota appears to have found a level and prices remain unchanged on last week.

Leased quota is changing hands at 7.5ppl for 4% butterfat. Quota can be bought outright for 37ppl.

More quota is now coming onto the market and has met with a slight increase in demand.

Production figures released by the Intervention Board show that national milk production is now less than a day under profile.

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