Monday, 21 April 2014

Connacht Gold Co-op pays highest price for milk

Farmers supplying Connacht Gold Co-op were paid the highest price for milk in the region in 2010, independent analysis has shown. 

  The analysis, conducted by international accountancy firm KPMG for the Irish Farmers Journal, shows that Connacht Gold milk suppliers received the highest price for manufacturing milk in the west, north west, mid west, midlands and north east in 2010.

  The KMPG price review measures the actual price paid to farmers for the full year after collection charges and levies are deducted. The average price paid by Connacht Gold in 2010 was 29c/litre.

  Connacht Gold chairman, Padraig Gibbons, said the co-op’s achievement as the top payer for milk in the region reflects huge credit on dairy farmers and staff.

  “This is the only independent measurement of milk price. It demonstrates the rigid focus on cost control and the big advances made by our co-op in product development and marketing. An example of this can be seen in Connacht Gold butter brands growing by almost 25% in 2010.”