May 23, 2022
Business News

Glanbia announces latest milk prices it will pay to Kilkenny farmers

Glanbia has announced it will pay Kilkenny milk suppliers 45.08 cents per litre for February.

In its latest monthly statement, the locally based diary giant said the overall price includes:

  • A base milk price for February of 41.58 cpl (including VAT). This is an increase of 1.5 cpl from the January base price of 40.08 cpl (including VAT);
  • An unconditional Seasonality Bonus of 3 cpl (including VAT) paid on qualifying milk volumes supplied in February;
  • A Sustainability Action Payment of 0.5 cpl (including VAT) being paid monthly on all milk supplied in 2022 to recognise specific sustainability actions undertaken on farm.

Glanbia Ireland Chairman John Murphy said: “Dairy market prices are currently at historic highs and demand is strong due to curtailed milk supply globally.

“With unprecedented inflation and global supply chain challenges, our commercial, logistics and agri teams are all working closely with our suppliers and our customers in this dynamic situation.”

 

 

Related Posts

  1. Fortis Global Ventures says:

    We specialize in business loans and other commercial lending programs to support modern companies seeking to thrive in today’s markets. Our products cater to businesses of all sizes and can be customized to fit your needs and situation. Whether you need capital for machinery, accounts receivable financing or commercial real estate, we have solutions for you.Choose From Our Diversified Portfolio of Lending Products Our experienced team will introduce you to several options and aid you in choosing a financing program from our selection of choices. Here are some examples of our products:

    Personal Loans
    Small business loans
    Merchant cash advances
    Medical and health care financing
    Unsecured business lines of credit
    Real-estate financing

    Mrs. Vilija Mačėnaitė
    Fortis Global Ventures
    Email: fnncbuddha@gmail.com
    Whatsap: +1 860 630 1911

Leave a Reply

Your email address will not be published. Required fields are marked *