News Milk
Milcobel members happy with FrieslandCampina merger
Milcobel members are generally enthusiastic about the merger with FrieslandCampina that was announced last year. The Belgian dairy cooperative announced this in a…
Read this article?
Become a subscriber and get instant access
Choose the subscription that suits you
At the start of the new year, Milcobel organised several member meetings, during which the merger with FrieslandCampina was probably the most important topic of discussion. The merger plans were enthusiastically responded to, Milcobel reports. The merger also received a lot of support at the AgriFlanders trade fair that took place last week. Enthusiasm among the supporters of both cooperatives is necessary to make the merger a success.
The merger agreement still has to be submitted for approval to the Extraordinary General Meeting of Milcobel and the Members' Council of FrieslandCampina. This will happen after the merger proposal has been finalised in the course of this year.
Milk price down
For the time being, Milcobel continues to operate autonomously. The cooperative's milk price fell in January by €0,76 to €53,48 per 100 kilos. An explanation refers to a wait-and-see market, which is often the case at the beginning of a year. This is now accompanied by additional uncertainty in the market as a result of the outbreak of FMD in Germany. In the Belgian Milk Price Comparison, Milcobel remains in fourth place in January, behind A-ware, Vreugdenhil and upcoming merger partner FrieslandCampina.