At a meeting today, the Board of Dairygold decided to hold its milk price at 31.5c/L including VAT for milk produced during the month of April.
This milk price, which represents no change from the price paid in March, includes a 0.5c/L quality bonus.
This is the third month in a row that Dairygold has decided to hold its milk price; the last milk price increase, of 1c/L, from Dairygold came in January.
Yesterday, both Arrabawn and Aurivo announced their April milk prices. Suppliers of Arrabawn will receive a base price of 31.75c/L for April milk, representing no change from the previous month.
Similarly to Dairygold, the processor last announced a milk price increase, of 1c/L, in January.
Aurivo also announced its April milk price; the board decided to set the price at 31c/L. In both February and March, Aurivo suppliers were paid an early calving bonus of 1.4c/L; however, this has been removed for milk produced in April.
Aurivo milk suppliers enjoyed eight months of consecutive monthly milk price increases up until February of this year; the milk price for March supplies now remains unchanged.
Glanbia Ingredients Ireland (GII) held its base price for April at 31c/L including VAT, for manufacturing milk at 3.6% fat and 3.3% protein. It was also revealed that Kerry decided to hold its milk price for April supplies at 31c/L including VAT.
Last week, Lakeland Dairies was the first processor to announce its milk price for April milk; it decided to hold its milk price at 31.28c/L including VAT.
This was the third consecutive month that these three processors have decided to hold their milk prices at their current levels.