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.