Glanbia Ireland announces €20/tonne Beef & Sheep Feed Bonus

GII Agribusiness All Beef Co-op Corporate Dairy Other animals Tillage

Glanbia will pay a bonus of €20 per tonne on all GAIN beef and sheep coarse and compound feed purchased by customers who are Co-op Members. This includes a €10 per tonne bonus payable by Glanbia Co-op to its Members.

Non-Members of Glanbia Co-op who purchase GAIN beef and sheep feeds from Glanbia Ireland will be entitled to a bonus of €10 per tonne on all beef and sheep feeds purchased. The Beef & Sheep Feed Bonus is available from today (18 September) until 27 January 2018.

  • €20 per tonne bonus available to Glanbia Co-op members on beef and sheep feed purchases from Glanbia Ireland
  • Glanbia Co-op Bonus on all feed purchases by Members increased to €10 per tonne from today (18 September) until year end

Those interested in learning more about the GAIN Animal Nutrition range should visit the Glanbia Ireland stand at the National Ploughing Championships this week.

Glanbia Ireland is a joint venture 60% owned by Glanbia Co-op and 40% owned by Glanbia plc. Established in July 2017, it combines Glanbia Ingredients Ireland, Glanbia Consumer Products and Glanbia Agribusiness.

Glanbia Co-op Feed bonus

Glanbia Co-operative Society will pay a bonus of €10 per tonne on all feed purchased by Members from Glanbia Group companies from today, 18 September, until year end. For beef and sheep feed, the bonus of €10 per tonne will be paid on all purchases by members from 18 September to 27 January 2018. Feed purchased from 1 January to 17 September 2017 qualified for a €7 per tonne bonus. The Glanbia Co-op feed bonus covers the entire Glanbia feed range, including dairy, beef, sheep, equine and pig feeds. Purchases of straights for feeding are also included (but straights purchased for onward trading do not qualify for the Co-op bonus).

The Glanbia Co-op bonus on fertiliser remains at €7 per tonne on all 2017 purchases by Co op members.

For more information on Glanbia Ireland Bonus payments, please contact your local Glanbia Ireland business or branch manager, or see www.glanbiaconnect.com

Further Information

Glanbia Loyalty Scheme

On 15 August, Glanbia Ireland launched the five-year Glanbia Milk & Feed Loyalty Scheme (“Glanbia Loyalty Scheme”) which runs from 2018 to 2022.

This voluntary Scheme will pay a Fixed Milk Price of 31 cent per litre (including VAT) at standard constituents of 3.6% butterfat and 3.3% protein. Scheme participants can also avail of an optional dairy feed component, with a €30 per tonne Loyalty Reward payable to Scheme participants on all purchases of concentrate dairy feeds from Glanbia Ireland’s GAIN Animal Nutrition range.

Application forms for the Glanbia Loyalty Scheme will arrive on farms this week, with a closing date of 18 October for receipt of applications.

Dairy Feed Bonus

The Beef & Sheep bonus launched today (18 September) is in addition to the Autumn Dairy Feed Loyalty Bonus announced on 15 August for all Glanbia Ireland milk suppliers.

As part of the Autumn Dairy Feed Loyalty Bonus, Glanbia Ireland will pay a Loyalty Bonus to milk suppliers of €14 per tonne on dairy coarse and compound feed (excluding straights) purchased from Glanbia Ireland for the rest of 2017. Suppliers who are also Glanbia Co-op shareholders qualify for a further bonus of €10 per tonne, bringing the total Loyalty Bonus to €24 per tonne, with effect from today (18 September). This is an increase from the €21 per tonne (€14/t plus €7/t) previously announced.

About Glanbia Ireland

Glanbia Ireland is Ireland’s leading dairy & agri-business Company which owns celebrated consumer and agri brands such as Avonmore, Kilmeaden Cheese, Premier Milk, Wexford, mymilkman.ie and GAIN Animal Nutrition. It exports high quality dairy and agri-ingredients as well as branded products to over 60 countries.

Drawing from a 2.4 billion litre milk pool supplied by 4,800 family farms, Glanbia Ireland produces top quality dairy products from grass fed, pasture raised dairy herds. Combined with locally produced grains and state of the art milling, this unique agri platform provides for fully traceable and sustainably produced products.

Glanbia Ireland is a joint venture 60% owned by Glanbia Co-op and 40% owned by Glanbia plc. Established in July 2017, it combines Glanbia Ingredients Ireland, Glanbia Consumer Products and Glanbia Agribusiness. With annual revenue of €1.5 billion, Glanbia Ireland has 11 processing plants, 53 agri branches and over 1,800 employees.

First Published 18 September 2017

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