Glanbia Co-op unveils €55m scheme to ease volatility pressure on suppliers

Glanbia Co-op has launched a €55m scheme that will provide interest-free cash to its suppliers when milk and grain prices are weak.

The farmers’ interest-free repayments to the Glanbia Advance Payment (GAP) scheme will be triggered when markets recover above specific levels.

This volatility measure will be in place between May 2016 and December 2020.