Kerry Agribusiness has written to all Kerry milk suppliers giving notice that it is to terminate its existing milk contract.
This means Kerry milk suppliers will have to negotiate a new contract, effective from April 2026.
Language within the current milk supply contract is at the heart of the “leading milk price” row.
The move by Kerry Group is in response to Kerry Co-op’s public statement late last week that the co-op was re-entering arbitration.
Following the breakdown of talks on the possible sale of the dairy business, the co-op board is looking to clear the milk price matter up.
Kerry Group published a note in its April agribusiness newsletter last week, declaring that it had paid the “leading milk price” since 2015 and no further money was due to farmers.