Dairygold milk price for October announced
Dairygold has become the latest milk processor to announce its price for October supplies, revealing a held milk price.
In a statement today, Monday, November 18, a spokesperson for the southern cooperative said:
Dairygold confirms that its base price for October milk supplies, based on standard constituents of 3.3% protein and 3.6% butterfat, inclusive of VAT and bonuses, is 29.19c/L, unchanged on the September milk price.
“This equates to an average farm gate milk price of 37.97c/L based on average October milk solids, achieved by our suppliers, for all milk supplied to Dairygold,” the spokesperson added.
Meanwhile, last Thursday, November 14, Kerry Group announced a base price for October milk supplies remains unchanged at 29.5c/L including VAT.
“Based on average October milk solids, the price return inclusive of VAT and bonuses is 37.5c/L,” the representative added.
The previous day, Lakeland Dairies announced that it has decided to increase its milk price from 30.03c/L including VAT – up to 30.31c/L including VAT and lactose bonus for October.
Finally, on Tuesday, Glanbia announced its decision to hold its milk price; the processor will pay its member milk suppliers 29c/L including VAT for October manufacturing milk supplies at 3.6% butterfat and 3.3% protein.
Glanbia Ireland (GI) will pay a base milk price for October of 28c/L including VAT, for manufacturing milk at 3.6% fat and 3.3% protein. This is unchanged from the September base price.
The board of Glanbia Co-op will continue to make a support payment to members of 1c/L including VAT for October milk supplies.