Kerry announces its September milk price
Kerry Group has announced its base milk price for September, keeping it unchanged from its August price.
Kerry Group has announced its base milk price for September, keeping it unchanged from its August price.
Glanbia will pay its Member milk suppliers 32 cent per litre (cpl) including VAT for September manufacturing milk supplies at 3.6pc butterfat and 3.3pc protein.
Lakeland Dairies has held its base milk price at 32.78 cents per litre including VAT for September milk supplies.
Fonterra Group Ltd said on Wednesday it lowered its 2018-2019 guidance for its Farmgate Milk price due to a glut in global milk supply.
Global dairy prices fell for the fourth time in a row at an auction held early on Wednesday as ramped-up supply outpaced robust demand.
Milk producer Fonterra, said on Monday its New Zealand milk production rose 5pc in August from a year earlier due to ideal weather conditions.
Farm organisations have hit out at dairy processors for not matching Ornua's increased returns for August milk.
The board of LacPatrick Dairies has set a milk price for August supplies.
Dairygold has announced its milk price for August supplies, stating that it will pay farmers 32c/L, which includes a 0.5c/L quality bonus and VAT.
Glanbia will pay its Member milk suppliers 32 cent per litre (cpl) including VAT for August manufacturing milk supplies at 3.6pc butterfat and 3.3pc protein.
Lakeland Dairies has held its base milk price at 32.78 cents per litre including VAT for August milk supplies.
Dairy prices at the Global Dairy Trade (GDT) auction dipped 0.7pc overall this week.
Milk producer Fonterra said on Friday its New Zealand milk production rose 6pc in July from a year earlier due to favourable weather conditions, as well as an increased number of farms...
Domestic milk intake by creameries and pasteurisers was estimated at 848.5 million litres for July 2018, according to figures from the CSO. This was 3.1pc below the corresponding 2017 figure.
The ICMSA has welcomed the recent increase in milk prices reported by processors but reiterated that serious differentials persisted in returns to dairy farmers.
Dairygold has announced its July milk price for suppliers.
Glanbia will pay its Member milk suppliers 32 cent per litre (cpl) including VAT for July manufacturing milk supplies at 3.6pc butterfat and 3.3pc protein.
Kerry Group has announced a milk price rise of 1c/L (VAT inclusive) to its suppliers for July milk.
New Zealand’s Fonterra Co-operative Group Ltd,, the world’s largest dairy exporter, on Friday cut its earnings guidance and slightly lowered its forecast for the farmgate milk price.
EU average farm gate milk price increased by 1.0pc in June 2018 to 32.37 c/kg; this is the first upward move after consecutive decreases since December 2017.
Global dairy prices were flat at a fortnightly auction held on Wednesday after four consecutive falls.
A dairy farmer's feed bill has increased by €10,000 a month compared with this time last year due to the drought.
The feeding of unprecedented volumes of concentrates - which has seen some suppliers reporting demand running four times ahead of 2017 - is failing to maintain milk yields in most...
Due to unfavourable weather conditions, the expected increase in EU milk production this year has been lower than anticipated.
The board of LacPatrick Dairies met today (18 July) and set a milk price for June supplies.
Global dairy prices dropped for the fourth time in a row at an auction early on Wednesday, weighed down by a poor showing for butter, but key...
Dairygold Board has today decided to maintain the base price paid for milk supplied in June at 32cpl inclusive of 0.5cpl quality bonus and VAT, based on standard constituents of 3.3% Protein and 3.6%...
Dairy farmers are prepared to stage protests outside Aldi and Iceland supermarkets if the price of milk doesn’t increase.
Kerry Group base price for June milk supplies is unchanged at 31 cpl vat inclusive.
Dairy farmers that produce fresh milk have hit out at unsustainable discounting of milk by Iceland and Aldi in the recent weeks.
Aurivo has declined to comment on reports that it has approached LacPatrick Dairies suppliers in Northern Ireland with a view to switching to the Sligo-based processor.
Dairy farmers have hit out at unsustainable discounting of milk by Iceland and Aldi.
Glanbia has announced it will pay its Member milk suppliers 32 cent per litre (cpl) including VAT for June manufacturing milk supplies at 3.6% butterfat and 3.3% protein.
June milk prices will have to reflect improved market conditions and tightening supplies across Europe, the ICMSA and IFA have warned.
Lakeland Dairies has held the base milk price at 31.78 cents per litre including VAT for June milk supplies.
Global dairy prices fell at the biggest pace this year at a fortnightly auction held early on Wednesday, as strong supply muted what buyers were willing...
The latest Global Dairy Trade event, which took place today, has seen most prices slump, with the overall index price down 5pc.
Some dairy farmers are earning thousands of euros less than others, based on the base milk price paid by the main eight processors.
Milk producer Fonterra said on Tuesday that its total New Zealand milk production increased 6pc in May, helped by favourable autumn weather conditions.
The ICMSA has called on Glanbia to address the milk price gap, after it announced it was paying suppliers 29c/L as a base price for May milk.
The IFA has sharply criticised Glanbia Ireland for trailing behind the country’s other leading dairy processors in terms of milk price.
Both Dairygold and LacPatrick have announced their May milk prices with a difference of almost 2c/L between the two processors.
Milk intake at Lakeland Dairies is set to increase by 22pc to almost 1.45 billion litres by 2022.
Kerry Group has increased its base price for May milk supplies it announced today.
Farmers organisation have reacted angrily following the announcement of May milk prices by both Glanbia Ireland and Lakeland Dairies.
Glanbia will pay its Member milk suppliers a base price of 29c/L, maintaining the price it paid in April.
Lakeland is the first major dairy processor to announce its May milk price.
Boosted by the poor weather conditions in Europe this spring, dairy markets are continuing to improve and should translate into positive returns to...
Global dairy prices fell from nine-month highs hit the previous month at a fortnightly auction held early on Wednesday as strong supply muted buyers' willingness to pay for key products such as...
The fodder crisis which became acute on dairy farms across the country last spring has driven a substantial drop in milk production.
Milk price cuts may not be finished but they are close to bottoming out.
New Zealand’s Fonterra Co-operative Group cut its full-year profit and dividend forecasts, sending its shares down 7pc as the company takes longer to...
A €2,200 difference in April milk returns for the average 90-cow herd has opened up because of wide variation in the prices paid by processors.
Global dairy prices rose to a nine-month high at a fortnightly auction held early on Wednesday but prices for the key product, whole milk powder, were largely flat.
Glanbia will pay its Member milk suppliers 31 cent per litre (cpl) including VAT for April manufacturing milk supplies at 3.6pc butterfat and 3.3pc protein.
Lakeland Dairies has announced its milk price for April supplies - the first of the major processors to do so.
The Ornua PPI stabilising for the first time since last October is a clear indication that Irish co-ops have seen the worst of dairy returns, according to IFA National Dairy Chairman Tom Phelan.
The world’s top dairy exporter, New Zealand’s Fonterra Co-operative Group Ltd, said on Tuesday that milk production in its home market fell 1 percent in March, a respite for global dairy prices.
Sharp differences have emerged between the ICMSA and IFA regarding base milk price cuts announced by Glanbia, Lakeland Dairies and LacPatrick.
It is understood that almost 30,000t of Skimmed Milk Powder was sold from the EU’s massive stockpile of the product at this latest auction.
Kerry Group has set its March milk price at 32c/L (VAT inclusive).
The board of LacPatrick Dairies has set a price for March milk.
Glanbia will hold its March milk price for members at 33 cent per litre (cpl) including VAT.
Lakeland Dairies has cut its March milk price by 2.5c/L, but announced that it will "balance a reduction in the March milk price with a...
Ornua's Purchase Price Index fell again in March and is now at levels not seen since last summer.
Co-ops have been warned that they must show their understanding of the extreme hardship and stress levels on farms in the only way that will count...
Global dairy prices dropped for a fourth consecutive time at a fortnightly auction on Wednesday as production in New Zealand showed signs of a...
A SHARP fall-off in milk proteins over the last 10 days is the latest blow to dairy farmer incomes.
Global dairy prices dropped for the third consecutive time at a fortnightly auction on Wednesday as production in New Zealand continued its slow pickup from weaker levels earlier in the...
New Zealand’s Fonterra , the world’s biggest dairy exporter, slipped to a half-year loss after booking a large writedown on its stake in Chinese infant formula producer Beingmate.
LacPatrick has announced that it will hold its February milk price for Republic of Ireland suppliers but has cut the price for Northern Irish suppliers...
Global Dairy Trade prices fell for third consecutive auction today with prices down 1.2pc.
Dairygold has reduced its milk price (for February milk) by 2cpl to 34 cpl inclusive of 0.5 cpl quality bonus and VAT.
Glanbia Ireland was first out of the blocks to cut the milk price for February, amid warnings of an oversupply in the marketplace.
Fonterra said on Friday its domestic milk production in January had fallen 5pc year-on-year, which could be seen as a boon for global dairy prices as New Zealand is the world’s largest dairy exporter.
The Ornua PPI index fell again in February to 105.0 (31.3 cpl, VAT inclusive, based on Ornua’s product purchase mix and assumed costs of 6.5ppl) from 111.3 in January.
The European Commission sold 4,000t of intervention milk powder in its latest tender.
Global dairy prices slipped for the second time in a row at a fortnightly auction held early on Wednesday morning as an influx of supply from New Zealand curbed buying.
The current price being paid for milk is not supported by the actual demand in the marketplace, according to the Kerry Group CEO.
The European Commission is understood to have sold over 4,000t of skimmed milk powder from its intervention stocks in its latest tender.
Dairygold has announced that it will hold the price the Co-Operative paid for milk supplied in the month of January.
Following the publication of the January 2018 Ornua PPI and the series of January milk price announcements, the Chairperson of ICMSA’s Dairy Committee said that the stability of the index at...
The boss of LacPatrick Dairies remains optimistic on the prospects for milk prices this year, saying he doesn’t expect a repeat of the collapse in...
Lakeland Dairies and Kerry Group have both set their January milk price, with both processors holding their base prices.
Glanbia Ireland will pay its milk suppliers 35 cent per litre (cpl) including VAT for January manufacturing milk supplies at 3.6pc butterfat...
Global dairy prices have extended their strong start to the year, with analysts saying buyers were worried that unfavourable weather would hamper production in New Zealand, the world's top milk...
Dairy processors have been urged to take a more considered view on 2018 milk prices on the back of positive developments on international markets.
The IFA has called on the Minister for Agriculture to oppose proposals by the European Commission to change key rules of the EU dairy intervention...
It is understood that the first significant sale of milk powder from the EU’s giant intervention stockpile has been made this week.
Fonterra said on Tuesday its New Zealand milk collections in December slipped 6 percent, hurt by dry weather conditions across the country.
Glanbia Ireland and Lakeland Dairies have both announced that they are holding their milk price for December milk.
International milk prices posted their sharpest rise since May on Wednesday, as supply tightened in the world’s largest exporter, New Zealand.