IFA urges all other co-ops to follow Kerry’s lead and increase milk price
Mr Kiersey said this move is a significant first step in Kerry living up to its commitment to pay “a leading milk price” for 2013. The co-op is to pay an extra 2.86c/l, bringing its price to 36.26c/l plus Vat, which amounts to 38c/l including Vat.
Mr Kiersey said Kerry’s move vindicates IFA’s argument that current market returns fully justified a major base price increase. He also urged all other co-ops to follow suit, by consolidating their April hardship bonuses into the base price, and then further increase the milk price by at least 2c/l for all milk produced from May.