As from 1 October 2016, FrieslandCampina will pay its member dairy farmers 10 euro cents per not produced kilo of milk for a period of six months. This measure comes on top of the recently announced European incentive for reducing the milk production. With this measure FrieslandCampina aims at a reduction of a total of 150 million kilo of milk in the period from 1 October 2016 up to 31 March 2017 inclusive.
The company makes available a total amount of 15 million euro. FrieslandCampina intends to accelerate the reduction of phosphate production at the member dairy farms in anticipation of the announced Dutch phosphate production rights. Apart from this, the intended reduction will improve the opportunities for milk valorisation.
Because of shortages of the processing capacity, FrieslandCampina had already introduced a bonus for limiting milk supply at the beginning of the year.
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News Details
Friesland Campina: 10 euro cents on top of the European milk reduction of 14 euro cents
