Dairy farmers welcome €15m Ornua bonus to suppliers

Dairy farmers have welcomed a decision by Ornua, the agri-food co-operative, to pay an additional €15m bonus to its member suppliers.

It follows the recent disposal by Ornua of its majority stake in DPI, a US speciality foods distribution business, to Arbor Investments.

The €15m will be funded from Ornua’s gain on that disposal and will be paid to member suppliers in April/May in addition to the normal annual cash bonus.