Future takes shape for milk suppliers to Glanbia plc

GLANBIA has announced plans to secure milk suppliers’ futures, after three out of four of their suppliers said they wish to remain in milk production long term, if they can get more quota.

More than half of all 5,181 Glanbia milk suppliers responded to a major survey carried out to assess dairy farmers’ responses to the Mid Term Review of the CAP, particularly the move to the single farm payment.

Almost 2,000 said they want to stay in milk, and Glanbia Group Managing Director, John Moloney said they are committed to sourcing whatever labour supports are required, and to addressing the need for financial planning on dairy farms, after more than 1,000 of the suppliers surveyed admitted to not knowing their milk production costs.