Kerry dairy farmers got good news when the independent arbitrator between Kerry Group and Kerry Co-op ruled in favour of including the west Cork Co-op price writes Jack Kennedy
Milk price expectations lifted for Kerry milk suppliers after landmark ruling by Independent arbitrator in 'leading' milk price debate.
ADVERTISEMENT
Kerry milk suppliers are expecting a milk price top-up after a ruling made by an independent arbitrator last Friday. He ruled that the west Cork prices should be included when calculating the Kerry Group “leading” milk price.
Kerry milk suppliers could be set to get a significant milk price top-up unless Kerry Group management can prove that the businesses of Kerry and the west Cork Co-ops are not comparable. Negotiations between the “leading milk price” subcommittee of Kerry Co-op and management at Kerry Group are set to resume following the recent arbitrator ruling.
Each side now has three weeks to go back to the arbitrator to question or appeal any point of law details.
ADVERTISEMENT
The starting point in negotiations for Kerry Co-op will be the average
2 c/litre milk price difference between the west Cork co-ops and Kerry Group in the annual Irish Farmers Journal/KPMG milk price review for the last four years.
Kerry management will argue that the price top-up will only be a fraction of this, some bonuses have already been paid, some are not applicable, and any bonus will only apply for a much shorter time frame.
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
Kerry milk suppliers are expecting a milk price top-up after a ruling made by an independent arbitrator last Friday. He ruled that the west Cork prices should be included when calculating the Kerry Group “leading” milk price.
Kerry milk suppliers could be set to get a significant milk price top-up unless Kerry Group management can prove that the businesses of Kerry and the west Cork Co-ops are not comparable. Negotiations between the “leading milk price” subcommittee of Kerry Co-op and management at Kerry Group are set to resume following the recent arbitrator ruling.
Each side now has three weeks to go back to the arbitrator to question or appeal any point of law details.
The starting point in negotiations for Kerry Co-op will be the average
2 c/litre milk price difference between the west Cork co-ops and Kerry Group in the annual Irish Farmers Journal/KPMG milk price review for the last four years.
Kerry management will argue that the price top-up will only be a fraction of this, some bonuses have already been paid, some are not applicable, and any bonus will only apply for a much shorter time frame.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS