Oireachtas Joint and Select Committees

Wednesday, 22 June 2022

Joint Oireachtas Committee on Agriculture, Food and the Marine

Fixed-Milk Price Contracts: Discussion (Resumed)

Mr. John Jordan:

I might take that question. It is important to stress that any contract with milk supply is between the member co-ops and the farmers. We have no sight or sign of those, so it would not be fair to comment. Even our own comments in that regard are anecdotal in that regard.

Transparency is a fundamental principle of a co-op and Ornua is a co-operative. We publish on our website our purchase price index, which reflects the product price that we pay for product. We do declare our Ornua value payment, which is the brand premium and cash bonus. We try to give as much visibility as we can in our business, obviously with commercial sensitivities excepted.