date:Mar 11, 2016
Glanbia Co-operative Society has launched a 100m MilkFlex fund for its milk suppliers in Ireland, in order to help protect farm incomes from the impact of dairy market volatility.
The MilkFlex fund will offer flexible and competitively priced loans to Glanbia milk suppliers with loan repayments, which can vary according to movements in milk price. The loans range from 25,000 up to 300,000 for 4,800 of its milk suppliers.
The product has in-built 'flex triggers' that can adjust the repayment te