Dairygold to ease pressure on suppliers

Dairygold has unveiled changes to its members’ funding mechanisms to help its milk suppliers address the impact of weakening milk price.

The North Cork-based dairy co-op has raised the milk price threshold for monthly contributions to its revolving fund from 27c to 30c per litre.

Milk suppliers will now not be required to make a contribution to the Dairygold Revolving Fund when the Dairygold quoted milk is below 30c per litre in any given month.