Arrabawn follows suit with milk price trend for December supplies

Arrabawn has become the latest processor to hold its milk price for December supplies, a spokesperson has for the co-operative has confirmed.

This means that Arrabawn suppliers will receive 37c/L including VAT for milk produced in December. The announcement means this is the third month in a row that Arrabawn has held its milk price.

Arrabawn is the latest processor to hold its price; earlier today Dairygold announced that it would also be holding its milk price for December supplies.

It was confirmed that the Dairygold board decided to hold the price the co-operative paid for milk supplied in the month of December at 36c/L including a 0.5c/L quality bonus and VAT.

This is the fourth consecutive month that Dairygold has held its milk price – a decision mirrored by Kerry, which also decided to hold its milk price for the fourth month in a row.

This means that Kerry suppliers will receive a base milk price of 36c/L including VAT for milk produced in the last month of 2017.

Its decision to hold its milk price follows similar calls made by Glanbia and Lakeland Dairies.

Last week, suppliers of Lakeland Dairies learned that they will receive a base price of 36.5c/L including VAT and including a 1c/L butter bonus for December supplies.

Meanwhile, Glanbia Ireland decided to hold its milk price at 35c/L including VAT. As well as this, it confirmed that its suppliers will receive a 1.1c/L bonus on all milk produced between July and December 2017.

Other processors are expected to announce their December milk prices in the coming days.