IFA president Tim Cullinan has said that farmers who supply Kerry Co-op must be fully consulted on any deal before it is finalised.

There is an indication that negotiations on a joint venture between Kerry Co-op and Kerry Group plc are close to conclusion.

However, Cullinan pointed out that the relationship between a milk supplier and their processor was unique and needed to be respected.

Commercial sensitivities

“We understand the commercial sensitivities that surround negotiations during the due diligence process. However, once this is concluded, farmers must be given all the necessary information on the joint venture to allow them to fully assess the proposal,” he said.

“Any joint venture will be dependent on long-term supply of milk from farmers in the southwest. They must be given the chance to have their say on any deal before it is finalised.”