Five co-ops made a bold move up the league table for September, with some making a bolder move than others.
Aurivo, Lakeland, Glanbia, Centenary Thurles and Dairygold all lifted milk price for September.
The big movers were Lakeland and Dairygold. Both moved up 0.13c/kg MS or 1c/l in old money, bringing them up into division two to join Aurivo co-op.
Remember, Dairygold was at the bottom of the August league so the only way was up. Aurivo has been in the top half of the league table all year and lifted 0.5 c/l for September.
Lakeland wins the September race for best of the rest behind the four west Cork co-ops. The west Cork crew held milk price so they remain as they were for August.
Another to move for September was Glanbia, which paid another September bonus of 0.4 c/l on top of the profit share of 0.4 c/l which takes the c0-op off the floor of the league and up behind Arrabawn and Kerry.
There will have been disappointment in Kerry that the co-op didn’t drive on for September.
Glanbia suppliers will be happy to see the lift. However, they will be looking for even more now with a new chair and vice-chair installed on the co-op board. Glanbia remains 0.5 c/l behind Lakeland, Aurivo and Dairygold. The co-op’s suppliers will be asking why it can’t at least match if not lead these three.
Centenary Thurles
The small north Tipp-based Centenary Thurles matched the Glanbia move as it sells most of its milk to Glanbia. The only two co-ops below Thurles are Tipperary Co-op, paying €4.11 c/kg MS, and the small north Cork co-op Boherbue, paying a base of €4.07 when you exclude the trading bonus so that we are comparing like for like.
Markets remain positive, with recent trades pointing prices upwards, despite the fact New Zealand is in peak milk. The GDT auction has had three consecutive price lifts, highlighting the fact that China is still active in the dairy market for product.
Read more
September milk prices start to lift
Dairygold and Carbery set milk prices
September mik prices on the rise
Dairy Trends: steady as she goes on dairy market
Five co-ops made a bold move up the league table for September, with some making a bolder move than others.
Aurivo, Lakeland, Glanbia, Centenary Thurles and Dairygold all lifted milk price for September.
The big movers were Lakeland and Dairygold. Both moved up 0.13c/kg MS or 1c/l in old money, bringing them up into division two to join Aurivo co-op.
Remember, Dairygold was at the bottom of the August league so the only way was up. Aurivo has been in the top half of the league table all year and lifted 0.5 c/l for September.
Lakeland wins the September race for best of the rest behind the four west Cork co-ops. The west Cork crew held milk price so they remain as they were for August.
Another to move for September was Glanbia, which paid another September bonus of 0.4 c/l on top of the profit share of 0.4 c/l which takes the c0-op off the floor of the league and up behind Arrabawn and Kerry.
There will have been disappointment in Kerry that the co-op didn’t drive on for September.
Glanbia suppliers will be happy to see the lift. However, they will be looking for even more now with a new chair and vice-chair installed on the co-op board. Glanbia remains 0.5 c/l behind Lakeland, Aurivo and Dairygold. The co-op’s suppliers will be asking why it can’t at least match if not lead these three.
Centenary Thurles
The small north Tipp-based Centenary Thurles matched the Glanbia move as it sells most of its milk to Glanbia. The only two co-ops below Thurles are Tipperary Co-op, paying €4.11 c/kg MS, and the small north Cork co-op Boherbue, paying a base of €4.07 when you exclude the trading bonus so that we are comparing like for like.
Markets remain positive, with recent trades pointing prices upwards, despite the fact New Zealand is in peak milk. The GDT auction has had three consecutive price lifts, highlighting the fact that China is still active in the dairy market for product.
Read more
September milk prices start to lift
Dairygold and Carbery set milk prices
September mik prices on the rise
Dairy Trends: steady as she goes on dairy market
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