Oireachtas Joint and Select Committees
Thursday, 18 April 2013
Joint Oireachtas Committee on Agriculture, Food and the Marine
Groceries Sector: Discussion (Resumed)
10:30 am
Mr. Niall O'Connor:
There was one other question from the Senator about cost increases both ways. We do not go back to suppliers a month after agreeing a contract with them and tell them that our costs have gone up and that they must shoulder that additional cost. If, for example, there is a significant move in the market price for a raw material or product, as with seasonal produce where there may be a shortage because of the weather or some other problem, the cost to us will increase. Similarly, if there is a good crop, the cost is likely to decrease. It very much depends on the commodity in question. We do not go back to our suppliers after one month and----
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