Update: Arrabawn and Dairygold announce October milk prices
Arrabawn has become the latest processor to announce its milk price for October supplies; similar to other processor announcements made so far it has decided to hold its milk price at 37c/L including VAT.
This mirrors a decision made by Dairygold earlier today, which also decided to hold its milk price, offering farmers 36c/L including a 0.5c/L quality bonus and VAT.
This is the second consecutive month that Dairygold has held its milk price, following its announcement in September of a 1.5c/L increase for August supplies. Prior to this, 1c/L increases were given for June and July supplies.
Meanwhile, on Monday Glanbia Ireland decided to hold its milk price for the tenth month of this year at 35c/L – VAT inclusive – for manufacturing milk supplies at 3.6% butterfat and 3.3% protein. The processor also held its September milk price.
As well as this, Lakeland Dairies announced its decision to hold its base price for October milk. Its suppliers will receive a base price of 36.5c/L including VAT.
New Lakeland Scheme
In other dairy-related news, Lakeland Dairies announced a new development programme to help its Northern Irish farmers maximise efficiency and profitability.
Lakeland’s Dairy Development Programme will work in close association with the College of Agriculture, Food and Rural Enterprise (CAFRE).
Working alongside CAFRE Business Development Groups (BDGs), the new programme is designed to help farmers improve on-farm efficiency, leading to sustainable and profitable growth in their farming businesses.
The Dairy Development Programme will use the findings of locally-based research that is relevant to the needs of Lakeland Dairies’ milk-supplying farmers in Northern Ireland.