Suppliers ‘disappointed’ at failure of Glanbia to increase milk price
Describing the static price as “a serious letdown for suppliers,” Mr Kiersey urged all other co-ops to disregard Glanbia’s incorrect and unfair decision, and to make sure that their suppliers are not left behind their European counterparts.
“Stronger commodity returns and improved demand on EU and global markets fully justify a 1c per litre increase, at least. Farmers in other EU states have secured the benefits of the market recovery in continued milk price increases every month over the summer, while Irish co-ops have merely held prices,” said Mr Kiersey.
