Ireland: Glanbia will pay interest free loan to dairy farms

In Ireland the biggest dairy cooperative Glanbia has announced that it will pay an interest free loan of five eurocent per litre milk to dairy farms that have fixed their farmers milk price. This to compensate the increased and increasing production costs. This compensation loan will only be available for farms that have fixed the price of more than 35 percent of their production volume and for the volume above this 35 percent. The concerned farmers have to pay back the loan in 2023 and 2024.

Schreibe einen Kommentar

Deine E-Mail-Adresse wird nicht veröffentlicht.