Milk demand in North results in price increases
Town of Monaghan has increased its milk price by 2c/l for October supplies in response to growing demand for milk from Northern Ireland.
The move sees its milk price rise from 31c/l to 33c/l for milk suppliers in the Republic of Ireland.
It follows an increase of 2p/l for its suppliers in the North, from 25p/l to 27p/l.
Glanbia has also increased its October milk price by 1c/l to 31.5c/l including VAT.
A spokesperson from the co-op said the increase was due to improved markets and the board would keep the situation under review.
Commenting on its 2c/l boost to milk price, a Town of Monaghan spokesperson said there had been a "massive increase" in Northern Ireland milk prices, due to rising demand for liquid milk in Britain.
"In the interest of equity, it would not have been fair to leave our southern producers behind," he added.
"This increase has nothing to do with the dairy market in general."