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Weekly Roundup, October 18, 2016

By Donna Ahern
Weekly Roundup, October 18, 2016

Ireland’s premier whiskey tasting event, Whiskey Live Dublin, is returning this year. The event will showcase both Irish and international whiskey across two sessions on Saturday, November 5 in the Printworks, Dublin Castle, Dublin 2. Whiskeys, gins, vodkas and craft spirits will be on offer, as well as food pairings provided by KOH Bar, L. Mulligans, and 57 the Headline.

The official launch of the newly created Irish Forum for International Agricultural Development (IFIAD) took place in the RDS, Dublin, on Thursday, October 13. IFIAD is a consortium that has brought the Irish agriculture and research sectors together with some of the country’s leading development charities, in a bid to leverage Irish know-how to increase agriculture productivity and combat hunger in the Developing World.

Irish Seed Savers Association has won the 2016 Irish Food Writer’s Guild Community Food Awards. The Irish Seed Savers Association, which this year celebrates its 25th anniversary, conserves and distributes rare and heritage seed varieties and encourages the skills of saving your own seeds.

Glanbia has increased its milk price for members to 26c/L for September milk supplies, which includes a 1c/L milk price support from the Glanbia co-op. Last month, Glanbia member suppliers received 25c/L for August supplies, which included a 2c/L Glanbia Co-operative Society support payment. Henry Corbally, Glanbia Chairman, welcomed the recent dairy market improvement and said that Glanbia will continue to monitor markets on a monthly basis.

Forecourt operator Applegreen plc has announced that Michael O’Loughlin, managing director of its UK operating subsidiary PetrogasGroup UK Limited, has resigned from his postion. “Michael has been with the Applegreen business for 19 years and during that time has carried out a number of senior roles in the company and for the past eight years was managing director of our UK business,” said CEO Bob Etchingham. Applegreen has appointed John Diviney as the new managing director effective 1 December 2016.

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AIB treasury manager John Sheils has recommended food companies with significant UK exports can use currency hedging to protect their trade. Mr Sheils told farmers at the annual general meeting of Commercial Mushroom Producers that any company with significant sales in one country may hold a natural hedge on its currency risk if it also generates expenses in that country. AIB told mushroom growers to consider forward contracts and foreign exchange options to reduce the risk of their profit margins being eroded further by adverse exchange rate movements.

Former Irish Farmers’ Association (IFA) general secretary Pat Smith has brought two legal actions against the organisation. Mr Smith is seeking €2 million from the IFA after resigning from the organisation when it came under pressure to reveal his salary.

© 2016 - Checkout Magazine

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