The Chairman and several members of the board of Kerry Co-op joined a protest outside Kerry Group’s Charleville plant over milk prices.
The Co-op says members joined Kerry milk suppliers at the protest over poor milk prices paid by Kerry Group plc, which are 3 cent/per litre lower than the price paid by neighbouring processors.
Last week, Kerry Group announced a further drop in milk prices for its suppliers at 37 cent per litre in May, down from 40 cent per litre paid to suppliers in March.
Kerry Co-op says it joined the protest after a discussion on the issue of milk pricing at a board meeting yesterday morning.
In response to claims it's paying poor milk prices, Kerry Group says global dairy markets have struggled throughout the first half of 2023 and remain volatile.
Kerry Group says it continues to monitor dairy market returns and is fully committed to its contractual agreement to pay a like-for-like leading milk price to suppliers.
