Glanbia milk suppliers to gain from dairy industry rebound

Company boss says sector has 'turned a corner'

Mark Garvey glanbia's chief financial officer

Glanbia’s milk suppliers may see further price increases as the difficulties facing the global dairy industry eases.

Mark Garvey, the food company’s chief financial officer, told The Sunday Business Post last week that the dairy industry has turned a corner. The ending of European milk quotas and a fall-off in demand from markets including China saw prices sunk to historically low levels this year squeezing farmers’ incomes.

“For sure you are seeing a ...