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April 29, 2021 9:56 am Kerry Creameries has written to milk suppliers telling them that their milk supply contracts will terminate in 2026. The letter to suppliers says: “With regard to your existing milk supply contract with Kerry Creameries Limited, we wish to inform you that we intend to enter good faith negotiations with milk suppliers and the board of Kerry Co-operative Creameries to agree a new long-term milk supply contract. “Kerry Creameries hereby notifies you that your current milk supply contract will terminate on April 30, 2026,” the letter says. “Should the terms of a new milk supply contract be negotiated they would come into effect after April 30, 2026, or such earlier date as may be agreed.”
April 23, 2021 1:46 pm Kerry Co-op has announced that it has been “left with no other choice but to revert back to the arbitration process” in relation to the ongoing leading milk price issue with Kerry Group. 19 months have passed since the arbitrator ruled in favour of the co-op, which was acting on behalf of its milk suppliers. Kerry Co-op In a short statement today (Friday, April 23), a spokesperson for the cooperative said: “Kerry Co-op Creameries is both disappointed and frustrated by the latest published position of Kerry Group plc regarding the leading milk price. “The co-op also notes the angry reaction of members to the Kerry Group circular that was published.