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:

The risk is talking cents per litre. Ornua buys product at euros per tonne. We have offered about €1,000 per tonne extra on 10% of the volume for 2022. That same volume at that higher price is locked in for 2023, just on that 10%.