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Mike Brady: Glanbia ‘super-levy’ is a bombshell for new entrants and suppliers who have borrowed to fund expansion

The dairy farmer should not be left holding the can for Glanbia’s poor contingency planning

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Limits: Glanbia says it will be unable to process peak milk supplies from its suppliers from 2022 to 2024 and a penalty of up to 30pc will apply to milk supplies above the new peak season limits

Limits: Glanbia says it will be unable to process peak milk supplies from its suppliers from 2022 to 2024 and a penalty of up to 30pc will apply to milk supplies above the new peak season limits

Limits: Glanbia says it will be unable to process peak milk supplies from its suppliers from 2022 to 2024 and a penalty of up to 30pc will apply to milk supplies above the new peak season limits

Glanbia just dropped a bombshell on its milk suppliers and the wider dairy industry by announcing a super-levy type fine for suppliers who exceed a peak milk production quota.

A minimum penalty of 30pc (11 cent per litre) in the milk price is proposed for supplies in excess of the new quota in April, May and June, starting next year.


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