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Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: If there was 20 cent of a difference in that, how much would it be per year?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: Right. What is Ornua's profit yearly?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: Am I correct in saying the new fixed-price contract Ornua appears to be offering for 2023 is 42 cent or something like that?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: Explain the 10 cent to me, because I want to get my head around that.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: I read in the newspapers that it is 1 cent per litre. Is that right? For the farmer, is that on every litre around the country or on the fixed price per litre?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: Is it not 7%? How many farmers are involved in this? My understanding is that it is 7%.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: What would it be to them, in monetary terms, per litre?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: Why is there this snag in it from Ornua whereby if a co-op goes into this, it has to come into the 2023 contract? Simply put, why is there not a recognition we are in wartime? At the moment, the Government has made a decision on roads contracts, and if we consider electricity for businesses, companies have left this country and contracts have gone out the window. Why is there not a...

Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: I know that, yes.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: Is there not a simple way? The co-ops say they are tied into Ornua. Is Ornua a big enough and bold enough company to recognise the situation that exists at the moment that it is prepared to say to the co-ops that this is wartime, there are contracts but it is prepared to waive them. Then the co-ops will put the pressure on them that they do likewise for the farmers. This cannot go on,...

Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: No, it would not.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: The first thing that has to be done is to look after the people who are struggling. Mr. Jordan talked about Ornua's contracts, and I picked up on this earlier when he was talking to Deputy Carthy that he said some of them are a day and some are weeks. What is the longest contract Ornua has with the people to whom it sells products?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: For what percentage of volume?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: Is there a proviso in that contract relating to inflation - index-linking - or to problems arising from transport and so on?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: There are things in it that will safeguard the future for Ornua.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: I understand the fixed product sale, but what I am asking is-----

Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: If the cost of transport or anything else goes up, is that as far as ten years?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: How long is it?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: What are the majority of them?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Fixed-Milk Price Contracts: Discussion (Resumed) (22 Jun 2022)

Michael Fitzmaurice: Yes, on what the farmers supply.

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