Ballyrashane Co-op has confirmed it is intending to buy milk direct from its shareholders from 1st January 2013 and has advised United Dairy Farmers of this decision.
Chief Executive, Nigel Kemps, said the decision had been taken in the best strategic interests of Ballyrashane
He added: “Ballyrashane has enjoyed a good working relationship with United Dairy Farmers and indeed we would like to see this continuing in the future.
“However, it is important that we act at all times in the best commercial interests of the co-op members and it is our resounding view that having our own milk pool is undoubtedly the right way forward for our shareholders as individuals and for the Co-op as a whole.
“Having our own milk pool not only makes our business more financially robust but clearly affords us more control and greater security of supply, thereby protecting our customer needs. This business model has worked well for other dairies and we believe it will further consolidate our position in the marketplace.
“While we reserve the right to do what is in the best interests of our shareholders at all times, the company is also willing to talk to potential new milk producers within our locality.”