With Dairygold farmers set to supply an extra 300m litres of milk in the next five years, the co-op is considering options on how to fund the next round of investment beyond 2023.

Dairygold CEO Jim Woulfe told the Irish Farmers Journal that the future funding model must now be considered, and it needs to be decided whether the co-op, expanding milk suppliers, or a combination of both, will pay for the investment.

The co-op is currently investing €130m to cater for milk supplied in the next five years.