That means we are perfectly and uniquely placed to help dairy farmers, dairy processors and Co-Ops, and dairy buyers to understand price risk and know what to do in volatile market conditions.
WE UNDERSTAND DAIRY, AND WE UNDERSTAND TRADING AND PRICE RISK MANAGEMENT
Our Story
Concept Dairy™️ was founded by Diarmaid Mac Colgáin and Jacqueline Fitzgerald, who realised that there is a problem across the dairy supply chain:
Farmers rarely know what price they will get for their milk
Processors don’t have the tools and systems to manage their price risk, which has a knock-on impact on their farmers and the milk price
Buyers need security of supply and to lock-in margins efficiently
Drawing on years’ of experience in commodity trading and price risk management in oil, gas and electricity, the team created a technology platform to help every part of the dairy supply chain.
Farmers:
We give farmers price control through the Concept Dairy™️ Price Locking App.
- Lock-in your milk price
- Lock-in your 3Fs: Feed, Fuel and Fertiliser
- Know your margins
- Plan for the future of your farm business
Processors
We work in close partnership with dairy processors and Co-Ops, helping you to:
- Understand and quantify your price risk across all inputs: milk, gas, electricity, grain, fertiliser, consumables
- Upskill and train your teams removing the fear of price risk management and trading
- Give your teams the confidence and knowledge to execute risk management strategies consistently
- Give you the technology and tools to manage your risk in real time
- Help you to maximise profits and minimise losses
- Give you competitive advantage over others in the sector
Processors
We work with dairy buyers and retailers helping you to buy dairy ingredients at a better price, connecting you back to farmer suppliers.
- Lock-in margins
- Secure supply chains
- Improve provenance
- Build loyalty with farmer suppliers and consumers
Our Concept
Concept Dairy is based on transparency, efficiency and independence:
Transparency: Currently there is very little transparency in the market. Concept Dairy prides itself on acting with clarity and transparency. We tell you the market as it is.
Efficiency: Concept Dairy’s platform is simple and easy to use, yet brings a level of sophistication that puts you in control of your sales prices/risk/purchases.
Independence: Concept Dairy is totally independent. That means that our prices are fair, transparent and determined by the market. Prices cannot be manipulated by any one party. We help you take control – you decide when you want to lock-in your price and that can be done at any time.
We want to make the dairy industry better for everyone.
Our Partners
We are delighted to work in partnership with Dairygold, based in Cork, Ireland.
With 2,700 dairy farmer members, Dairygold is one of the largest dairy processors in Ireland. Concept Dairy™️ is working with Dairygold helping them to understand and manage their price risk so they can maximise profits and minimise losses for their members.
We work closely with Cargill to offer dairy processors more sophisticated risk management strategies, helping to build resilience across the dairy supply chain.
Awards
We are thrilled to have won a number of awards for our innovative technology solutions helping to transform the dairy sector through price transparency and price risk management:
INDUSTRY FACTS
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Billion Euros – Size of the global dairy industry0
Million MT – Amount of dairy shipped annually0
World population doubling by 2050 = increasing demand0
Million dairy farmers globallyMEET OUR TEAM
We are working hard to transform dairy.
