Co-ops are preparing to set prices for April. \ Philip Doyle
ADVERTISEMENT
Ornua’s purchase price index (PPI) rose by 1.7% in April, recovering part of the losses observed in March to return a farmgate price of 29.99c/l excluding VAT.
"The adjustment for April reflects higher butter prices and generally stable to improved returns for the powder variants," a spokesperson said. The PPI index had fallen by 3% in March, with many processors holding or cutting milk prices.
ADVERTISEMENT
On Tuesday, the New Zealand-based Global Dairy Trade saw prices rise at its 11th auction in a row.
Co-ops are now preparing to set prices for the high volumes produced in April.
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.
Ornua’s purchase price index (PPI) rose by 1.7% in April, recovering part of the losses observed in March to return a farmgate price of 29.99c/l excluding VAT.
"The adjustment for April reflects higher butter prices and generally stable to improved returns for the powder variants," a spokesperson said. The PPI index had fallen by 3% in March, with many processors holding or cutting milk prices.
On Tuesday, the New Zealand-based Global Dairy Trade saw prices rise at its 11th auction in a row.
Co-ops are now preparing to set prices for the high volumes produced in April.
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