Carbery Group has become the latest processor to reveal its milk price for the month of March, announcing a lift in price for last month.
In a short statement today (Wednesday, April 21), a spokesperson for the group revealed the news.
The spokesperson said: “Carbery Group has increased its milk price for March by 1c/L
“If this decision is replicated across the four West Cork co-ops – Bandon, Barryroe, Drinagh and Lisavaird – this will result in an average price for March of 34.6c/L, inclusive of VAT.
“The price is exclusive of Somatic Cell Count (SCC) or any other adjustments which may be made by the co-ops.”
The Carbery spokesperson confirmed that continuing stability in global milk markets is supporting the milk price increase.
On Monday evening, the Aurivo board decided to increase its base milk price to 35.48c/L. This compares to a base price last month (for February milk) of 34.65c/L.
This month’s price is inclusive of standard bonuses and VAT at 3.3% protein and 3.6 butterfat.
At EU standard constituents, this converts to 38.72c/L at 3.4% protein and 4.2% butterfat.
The price this month includes a 1.4c/L early calving bonus.
In a statement last Friday, Dairygold said it “has increased its March quoted milk price by 0.5c/L to 34.5c/L, based on standard constituents of 3.3% protein and 3.6% butterfat, inclusive of bonuses and VAT.
“In addition, the March Early Calving Bonus of 1.0c/L will be paid on milk supplied in March in accordance with milk quality criteria.
The previous day, Thursday, Arrabawn said: “The board has decided to increase its milk price for March by 1c/L to 34.56c/L.”