Carbery increases milk price for August supplies

Carbery Group has increased its milk price for the month of August in the latest of milk processor prices for last month’s supplies.

The board of the west Cork group has decided to increase the price by 0.5c/L for last month.

This means that Carbery Group suppliers will receive a price of 32.4c/L including VAT for August.

Carbery Group consists of the four west Cork co-ops – Bandon, Barryroe, Drinagh and Lisavaird.

Previous price announcements

On Monday (September 14), Kerry Group announced an increase in its milk price for supplies in the month of August.

A statement from the processor said: “Our Kerry Group base price for August milk supplies is 31c/L, VAT inclusive.

“Based on average August milk solids, the price return including VAT and bonuses is 35.06c/L,” a Kerry Group spokesperson added.

This represents an increase of 0.5c/L compared to last month’s price of 30.5c/L.

Last Friday (September 11), Glanbia announced that it will pay its member milk suppliers 30.6c/L including VAT for August creamery milk supplies at 3.6% butterfat and 3.3% protein.

This is a 0.5c/L increase from the July milk price.

Glanbia Ireland (GI) will pay a base milk price for August of 30.18c/L including VAT for creamery milk at 3.6% fat and 3.3% protein, the processor said.

Farmer members will also receive a 0.42c/L including VAT payment from Glanbia Co-op on all milk supplied this month as their ‘Share of GI Profit’.

Meanwhile, Lakeland announced that, in the Republic of Ireland, a base price of 31c/L including VAT will be paid for milk supplied in August.

The base price is unchanged from July.

In Northern Ireland, a base price of 25.25p/L will be paid for August milk. Again, the base price is unchanged.