News milk
Milcobel also wants to attract more non-members
Dairy cooperative Milcobel wants to become more attractive to both members and dairy farmers who only want to supply on contract. According to Milcobel, it is more attractive for members to pay their deposits from now on via a refund/subsequent payment and that young members can withdraw their capital once for investments.
Read this article?
Become a subscriber and get instant access
Choose the subscription that suits you
Young farmers who take over the company can also receive a takeover premium of €1 per 100 liters.
On the other hand, members must from now on remain members for at least two years and that members must contribute at least €7,50 per 100 liters in membership fees. This can be done in phases. The maximum non-mandatory contribution is €15,00 per 100 liters.
Dairy farmers who do not (yet) want to become a member, but do want to supply milk, logically do not have to pay a deposit, but also do not receive any additional payment or dividend. However, they can still become members after two years.
At the same time, Milcobel also wants to strengthen cooperative bodies by extending the term of office of directors from one year to four years. This benefits knowledge building. Milcobel wants to work on this further through training.
During its annual meeting earlier this week, the cooperative also decided to pay a cooperative refund/additional payment of €0,35 per 100 liters of milk for 2022, plus a dividend of 4% on the invested capital.