Glanbia, Kerry Group and Lakeland Dairies have set December milk price

Glanbia, Lakeland Dairies and Kerry Group have all held their milk price for December supplies of milk.

Lakeland Dairies was the first to set a price for December milk, holding at 26.25c/L.

If lactose bonus is applicable, the milk price would be 26.53c/L, a spokesperson from Lakeland said.

Kerry Group has also held its milk price for December supplies at 25.00c/L. The co-op cut its price for November supplies by 1c/L.

The December milk price for Glanbia members has been held at 25c/L, including 1c/L of support from Glanbia co-op to its members.

The Glanbia Ingredients Ireland (GII) market price is unchanged at 24c/L.

Glanbia Ingredients Ireland (GII) has set a December market price of 24c/L including VAT for manufacturing milk at 3.6% fat and 3.3% protein, a statement from Glanbia said.

The Board of Glanbia Co-operative Society has decided to pay members who have signed a Milk Supply Agreement a bonus of 1c/L (including VAT) for December manufacturing and liquid milk supplies.

Co-ops asked to hold spring milk price as they get €15m bonus from Ornua

Dairy co-ops are being called on to come out and commit to holding milk prices over the spring period.

Sean O’Leary, IFA Dairy Committee Chairman says the move would give farmers some welcome reassurance heading into what looks set to be one of the toughest springs for milk prices in years.

“We will be meeting the co-ops this week and the message we will be giving them is to come out and give a clear indication to farmers of what milk prices will be like over the coming months.

“We feel that prices should be held even if that means co-ops need to support the price as they did last year,” he said.

Comments

Please be considerate of others when commenting. All comments posted are subject to our commenting policy. Comments violating this policy will be removed without notice.