GLANBIA TAKES FIRST STEP TOWARDS BETTER MILK PRICES

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GLANBIA TAKES FIRST STEP TOWARDS BETTER MILK PRICES
13 Dec 2019

GLANBIA TAKES FIRST STEP TOWARDS BETTER MILK PRICES

Brexit

 

IFA National Dairy Committee Chairman Tom Phelan said the move by Glanbia to increase their November milk price 1c/l to 30c/l incl VAT was their first step towards price levels more in line with improved market returns.

He said other co-ops now must follow suit.  All co-ops, including Glanbia, must prepare to increase prices further to better reflect actual market returns as we move into 2020.

 

“The November Ornua PPI is 31.9c/l incl VAT.  EU average dairy market prices would currently return another cent or so above that.  Clearly, there is scope for all co-ops to continue to improve prices this month, and into 2020,” he concluded.

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