Temporary 30% price cut for excess milk at Glanbia

The aim is to manage peak milk supplies from 2022

Suppliers with a peak supply profile higher than the Glanbia Ireland average will see their allocated peak supply adjusted down. File Picture.  

Glanbia Ireland, the country’s largest milk processor, has announced a temporary mechanism to manage peak milk supplies, from next year.

All milk supplied above allocated peak supply volume will incur a milk price deduction of 30%.