On Tuesday, skim milk powder prices fell 9% at the Global Dairy Trade auction.
ADVERTISEMENT
All processors cut their prices for February supplies of milk.
LacPatrick cut its price by 3c/l to 31.07c/l, excluding VAT, in the Republic of Ireland, but maintained its 3c/l early calving bonus. In Northern Ireland, it cut its base price by 2.45p/l to 27p/l.
Aurivo cut its price by 1.4c/l to 32.25c/l. Dairygold dropped its price by 2c/l (32.3c/l), Carbery by 2c/l (32.88c/l), Glanbia by 3c/l (30.36c/l), Kerry by 2c/l (32.25c/l) and Lakeland cut its price by 1c/l (32.79c/l). Arrabawn also cut its base price by 3c/l (32.15c/l).
ADVERTISEMENT
All prices are reported excluding VAT.
On Tuesday, skim milk powder prices fell 9% at the Global Dairy Trade (GDT) auction, dragging the overall GDT index down 1.2%.
In New Zealand, Fonterra has increased its forecast milk price for the 2017/2018 season and farmers can expect a final year milk price payout of up to $6.90/kg MS (27.8c/l).
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
All processors cut their prices for February supplies of milk.
LacPatrick cut its price by 3c/l to 31.07c/l, excluding VAT, in the Republic of Ireland, but maintained its 3c/l early calving bonus. In Northern Ireland, it cut its base price by 2.45p/l to 27p/l.
Aurivo cut its price by 1.4c/l to 32.25c/l. Dairygold dropped its price by 2c/l (32.3c/l), Carbery by 2c/l (32.88c/l), Glanbia by 3c/l (30.36c/l), Kerry by 2c/l (32.25c/l) and Lakeland cut its price by 1c/l (32.79c/l). Arrabawn also cut its base price by 3c/l (32.15c/l).
All prices are reported excluding VAT.
On Tuesday, skim milk powder prices fell 9% at the Global Dairy Trade (GDT) auction, dragging the overall GDT index down 1.2%.
In New Zealand, Fonterra has increased its forecast milk price for the 2017/2018 season and farmers can expect a final year milk price payout of up to $6.90/kg MS (27.8c/l).
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS