Dairygold move on milk welcomed

A decision by Dairygold to increase the price it pays its farmer suppliers for milk was described by the IFA yesterday as evidence of what could be done by co-ops who seriously address their inefficiencies.

The 0.22c/l (1c/gal) rise to €26.47c/l (€120.33c/gal) followed news earlier this week that Dairygold and Glanbia are to share and co-operate in milk processing.

IFA Dairy Committee chairman Michael Murphy said he had been exhorting the industry to take costs out and co-operate to eliminate duplication, build on synergies and add more value to milk.