Lakeland only dairy to lift price
Published 18/01/2011 | 05:00
Lakeland Dairies has moved to raise its milk price for last month, but all the other major processors have held returns at November levels.
Lakelands will pay 30.5c/l including VAT (29c/l excluding VAT) for December supplies, an increase of 0.5c/l.
However, Glanbia, Kerry and Dairygold all said that they are holding at 30c/l including VAT.
Centenary and Town of Monaghan are also staying on 30c/l including VAT, while Arrabawn is staying at 30.5c/l including VAT.
The Lakeland Dairies move has been welcomed by both the ICMSA and the IFA.
The IFA's Kevin Kiersey said Lakeland Dairies had taken a first step to pass back improved market returns to farmers.
He called on all co-ops, in the context of rapidly rising on-farm input costs, to examine the scope for an end-of-year top-up on last year's milk and to start passing benefits of the significant market improvements of recent weeks back to farmers.
The ICMSA's Pat McCormack called on co-ops which had yet to pay an end-of-year bonus to do so as soon as possible.