Dairygold has announced a minimum contract price of €240/t at 20% moisture content for beans supplied during the 2021 season.
Each year, Dairygold has an intake of approximately 100,000t of locally grown Irish grain.
Head of agribusiness Liam O’Flaherty said he hoped the price would demonstrate ongoing commitment to native grain and supporting tillage farmers.
Much of the grain supplied is incorporated into the company’s feed ranges, which are produced at Dairygold’s Lombardstown Mill in Mallow, Co Cork.
O’Flaherty said: “Supporting our growers with a strong price is a priority for Dairygold. It reinforces our commitment to Irish tillage farmers, which is at the heart of our ethos here in Dairygold.
“One leg of our sustainability strategy involves buying locally produced grain for our rations formulated in Lombardstown for our dairy and beef farmers.”
Two years ago, Dairygold launched Gold Farm Beef. This beef feed is made from only Irish ingredients, which Dairygold describes as an example of a fully integrated supply chain with a low carbon footprint.