OMSCo announces price increase and new European alliance
It has also announced a new global alliance with Eko Holland at its OMSCo Together event.
Alex Black
OMSCo has announced a 1ppl milk price increase from October 1 with a new cell count payment of 0.25ppl, at its annual conference, OMSCo Together.
Chairman Nicholas Saphir said the increase reflected a solid performance across all markets.
“This was delivered despite turbulent political and global dairy market conditions,” he said.
Alliance
It also announced a new global alliance with leading European organic dairy cooperative Eko Holland, following an alliance with Organic Valley in 2015.
“The combined volume of organic milk within this alliance will be nearly 400 million litres in Europe, and taking into account our existing US alliance, this increases to a total of 1.4 billion litres globally,” Mr Saphir said.
“It will broaden our portfolio of products and increase our scale of operations."
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“This will improve our ability to balance efficiently, enhance our flexibility to meet customer needs and provide more milk and processing in Europe.”
He added the cooperative was aiming to have 30 per cent of revenue from export markets.
And with a foothold in the EU, US, Far East and UK markets, Mr Saphir said he was confident for he future.
“Cooperation and collaboration is key to future proofing businesses, as well as choosing partners with shared values and visions. We are excited about the future and taking advantage of global market opportunities.
Success
“Having a motivated and fairly rewarded membership will also be critical to our future success,” he said.
“Increasing our milk supplies is a priority as we continue to decouple organic milk from the conventional milk price by developing added value markets outside of the UK and Europe.”
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