Connacht Gold introduces forward pricing for manufacturing milk
The base fixed price has been set at 28c/litre, plus VAT, for milk at 3.6% fat and 3.3% protein. Based on the co-op’s A+B-C pricing system, suppliers should get close to 30c/litre for the milk committed to the forward pricing scheme.
Participation by suppliers will be on a voluntary basis. Details of the pricing structure have been worked out following consultation with customers and milk suppliers and were approved by the board of Connacht Gold.
