Strathroy cuts 1c/L off September milk price

Starthroy Dairy has cut its September milk price by 1c/L to 33c/l plus VAT and excluding bonuses.

Last month Strathroy paid an August milk price of 36c/L plus vat and excluding bonuses.

Lakeland Dairies has reduced its milk price by 2c/L to 33c/L for September milk.

The move comes after other dairy processors – Kerry Group, Glanbia and Town of Monaghan all cut their milk prices for September milk.

Kerry Group cut its September milk price by 3c/L, bringing the price down to 32c/L. It comes after the dairy processor held its August price.

Late last week, Glanbia cut its September milk price earlier this week by 2.5c/L. The move means Glanbia’s September milk price is 30.5c/L, down 2.5c/L from its August milk price of 33c/L.

Glanbia Society is proposing a patronage bonus which will offset the impact of the price adjustment and was communicated to its suppliers.

Glanbia also cut its August milk price by 2c/L to 33c/L. Last month it explained that, due to market conditions, Glanbia Ireland Ingredients Limited had reduced its August manufacturing milk price by 2c/l to 33c/L (inc. VAT).

Town of Monaghan has also cuts its milk price for September by 1c/L to 33c/L.

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