Dairygold Adjusts Cheese Production in Response to Decreased Milk Supply
Source: The DairyNews
Dairygold has announced a reduction in cheese production for the upcoming months, attributing the decision to a 9% decrease in milk volumes this year compared to the same period in 2023.
The company, headquartered in Co. Cork, anticipates a further 7% decline in milk volumes throughout the year.
In response to these challenges, a Dairygold spokesperson stated, "Due to the decreased milk supply, it's necessary for us to adapt and redistribute our milk volumes to other areas of our operations, thus reducing cheese production during the summer."
The cooperative also expressed concerns about the implications for its workforce, emphasizing ongoing discussions with trade union representatives to manage the uncertainty among employees. "The commitment and adaptability of our employees are critical to the success of our strategic initiatives, and we are grateful for their continued support," the spokesperson added.
Dairygold's financial performance has also been affected, with a turnover reduction of €254.7 million to €1.4 billion in 2023. Milk collection dropped to 1.41 billion liters, down from 70 million liters the previous year. Despite these challenges, Dairygold, which employs about 1,200 people across its divisions, remains committed to its primary commercial objective of maximizing margins across its dairy product portfolio.
The cooperative, supported by 7,000 shareholder members, continues to maintain its base milk price at 40 cents per liter for April supplies, along with a modified weather/fodder relief payment.
In response to these challenges, a Dairygold spokesperson stated, "Due to the decreased milk supply, it's necessary for us to adapt and redistribute our milk volumes to other areas of our operations, thus reducing cheese production during the summer."
The cooperative also expressed concerns about the implications for its workforce, emphasizing ongoing discussions with trade union representatives to manage the uncertainty among employees. "The commitment and adaptability of our employees are critical to the success of our strategic initiatives, and we are grateful for their continued support," the spokesperson added.
Dairygold's financial performance has also been affected, with a turnover reduction of €254.7 million to €1.4 billion in 2023. Milk collection dropped to 1.41 billion liters, down from 70 million liters the previous year. Despite these challenges, Dairygold, which employs about 1,200 people across its divisions, remains committed to its primary commercial objective of maximizing margins across its dairy product portfolio.
The cooperative, supported by 7,000 shareholder members, continues to maintain its base milk price at 40 cents per liter for April supplies, along with a modified weather/fodder relief payment.
