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A record 6c/l gap has developed between the best- and worst-paying milk processors in Ireland. The latest Irish Farmers Journal/KPMG Milk Price Review shows that Lisavaird paid the top net milk price in 2016 at 30.51c/l, some 6.15c/l more than LacPatrick’s price of 24.36c/l.
This equates to a €300/cow difference in the price paid to Lisavaird and LacPatrick suppliers.
This translates to a massive €21,000 income gap between the two co-ops based on an average 70-cow herd producing 5,000 litres per cow.
Listen to "Mixed bag in 2016 milk price review" on Spreaker.
West Cork on top again
Lisavaird, the west Cork co-op supplying Carbery, had good returns from other businesses, which lifted the net milk price paid to farmers above its west Cork counterparts.
Its near neighbour Barryroe has topped the review for the last four years.
The rest of the west Cork co-ops supplying Carbery rank next, followed by Tipperary Co-op and Glanbia in sixth position.
Dairygold, Kerry and Arrabawn take up seventh, eighth and ninth positions respectively.
Full coverage of the KPMG / Irish Farmers Journal milk price review
Milk price review: Lisavaird regains top spot
The review: what it means for farmers
Converting volume to milk solids
Milk price review: churning the results
48,000 farmers cut milk production to get €112m in compensation
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