Kerry and Glanbia Must Safeguard Liquid Milk Producers’ Interests – Mulligan

Responding to the announcement of the sale by Kerry of its Limerick based Dawn Milk business to Glanbia, IFA National Liquid Milk Committee Chairman Padraig Mulligan today said this must herald a badly-needed co-operative approach by dairies on the liquid milk market, in order to secure a greater share of the retail price for farmers.

He urged both Kerry and Glanbia to make sure that the best interests of the liquid milk producer groups supplying each dairy are safeguarded.  Mr Mulligan added that, with feed and fertiliser costs skyrocketing, it was critical that dairies would row back the retail margins foolishly conceded in the last year, to pay farmers at least 38c/l + VAT annualised. This would allow farmers to cover their production costs, and pay themselves a very basic wage.