LacPatrick Dairies sets August milk price
The board of LacPatrick Dairies has set a milk price for August supplies.
In the Republic of Ireland, suppliers will receive a price of 32c/l (including VAT) for manufacturing milk supplied in August. The price is held from July.
In Northern Ireland, suppliers will receive a price of 27.5p/l for milk supplied in August. Again, this price is held from July.
The Dairygold Board announced yesterday that it has decided to maintain the base price paid for milk supplied in August at 32c/L inclusive of 0.5c/L quality bonus and VAT, based on standard constituents of 3.3pc Protein and 3.6pc Butterfat.
It comes after Kerry announced its August milk price of 32/c/L (including VAT) - reflecting no change in on its July milk price.
Last week Glanbia announced it would pay its Member milk suppliers 32c/L including VAT for August manufacturing milk supplies at 3.6pc butterfat and 3.3pc protein. This is unchanged from the July price paid to members.
Glanbia Ireland (GI) has increased its base milk price for August from 31/c/L to 32c/L including VAT, for manufacturing milk at 3.6pc fat and 3.3pc protein. There will be no support payment from Glanbia Co-op this month.