Farm Ireland

Monday 19 February 2018

Dairies hold firm on June milk quotes

Caitriona Murphy and Neil Brady

The Dairygold Board is to meet this week to decide on its milk price for June, although there is little expectation of any rise.

All co-ops have maintained their June price so far, including Glanbia, Kerry and Lakeland.

Tipperary will pay 29.88c/l including VAT, Barryroe will pay 30.9c/l including VAT and Lisavaird will pay 30.62c/l, while Drinagh's price will remain unchanged. Arrabawn will also pay an unchanged rate of 29c/l plus VAT.

Connacht Gold has confirmed that it will maintain its price of 30c/l, inclusive of VAT, although it will pay a 0.5c/l bonus on May and June supplies.

Meanwhile, the IFA has expressed its disappointment at the failure of the main Irish milk processors to move to 30c/l.

IFA dairy chairman Kevin Kiersey said a price lift would have been justified in the face of a rise in the IDB June index to 35.4c/l (at 3.3pc protein and 3.6pc fat), and EU commodity returns all exceeding 35c/l.

Also Read

Irish Independent