Dairy News
Kerry Group is currently working on a new contract for its milk suppliers, according to the head of the company's dairy division.
Agri-Business
The chief executive of Kerry Group Edmond Scanlon has said that there is "no fear" of the company forgetting its agricultural roots.
Kerry Group has reported revenue of €8.02 billion in 2023, which is down by 8.6% when compared to the previous year (€8.77 billion).
Kerry Group has announced that it will commence a €300 million share buyback programme at the beginning of November.
The chief executive of Kerry Group's dairy division said further milk price cuts are possible as downward pressure on markets continues.
Dairy
Further falls in farmgate prices will start to put milk producers under significant economic pressure, according to Dairy Ireland Chairman David Murphy.
Dairy farmers must take a considered approach to expanding their businesses in the wake of milk quotas ending, according to Dairy Ireland's David Murphy.
Global economic trends will determine the fortunes of Irish milk producers in 2015,” according to Dairy Ireland chairman David Murphy.
