The board of Dairygold has decided to increase its August milk price by 1c/l. This brings the price to 23.25c/l at 3.3% protein and 3.6% fat, excluding VAT. Earlier this week, other processors also announced an increase in August milk price.
At an IFA dairy incomes meeting on Wednesday, one farmer asked "why should we borrow money for the pleasure of milking cows?"
Dairy trends: Dairy prices continue to firm but can it be sustained?
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