Dairygold has announced its cereal prices for the 2021 harvest.
The move follows Glanbia, which announced last week that it will pay members €210/tonne for green feed barley and €220/t for green feed wheat.
Dairygold cereal prices 2021
In a statement on Tuesday, September 28th, 2021, a spokesperson said:
“Following on from a very successful harvest, which saw strong yields and excellent quality, grain markets have strengthened based on global supply and demand.”
“Dairygold, in line with its ethos, has demonstrated its support and commitment to its cereal growers by paying leading prices.”
In addition, the spokesperson said Dairygold continues to “be firmly committed to maximising the use of native Irish cereals across its range of feedstuffs”.
Strong yields and top-quality grain
Dairygold’s head of agribusiness, Liam O’Flaherty, said: “Overall, the 2021 harvest went very well and was completed in excellent conditions, which delivered strong yields and top-quality grain.”
He said quality Irish cereals are a “key” component of its feed rations and, it will always aim to pay a competitive price for members’ grain.
Dairygold’s chairman, John O’Gorman, said: “As a 100% farmer-owned co-operative, tillage growers are a very important part of Dairygold’s business.”
“We remain committed to supporting and developing this sector of our business into the future.”
Prices are as follows:
|Dairygold 2021 Cereal Prices per Tonne|
|Excluding VAT||Inclusive of VAT @ 5.6%||Moisture|
|Contract Malting Barley||€243.00*||€256.61||@ 20%|
|Non-contract Beans||€250.00||€264.00||@ 20%|
|Oilseed Rape||€535.00||€564.96||@ 9%|
|Quality Adjustments as per Cereal Purchasing Terms & Conditions|
|*Prices inclusive of premium based on minimum purchase terms|
Meanwhile, Glanbia will fork out €2 million in premiums “over and above” the feed price to farmers for delivering food-grade and other value-added crops this harvest.
This equates to a premium of over €20/tonne, on average, for value-added grains.
Premium crops such as High Erucic Acid Rapeseed (HEAR) delivered €575/t, with gluten-free oats at €260/t returning “strongly” for growers.