Glanbia September Milk Price Decision Disappointing: Other Co-ops Know Better, and Must Do Better
IFA Dairy Chairman Sean O’Leary has said the decision by the Glanbia board to hold their September milk price at the August level is disappointing, and definitely falls short of EU market returns, as reported by the EU Milk Market Observatory.
He called for other co-op boards, rather than blindly follow Glanbia’s lead, to pay farmers at least 1c/l more for September supplies.
“While acknowledging that Glanbia have paid 1c/l top up on all milk supplies for the first half of 2017, all the milk price indicators continue to be positive, including yesterday’s 3.3 points jump in the September Ornua PPI to 113.3 points,” Mr O’Leary said.
“At a time when our European fellow dairy farmers have received increased September milk prices and further uplifts have been announced for October milk, it is crucial that dairy co-ops in Ireland would not leave their suppliers at a disadvantage,” Sean O’Leary concluded.