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Carbery holds base milk price for September

Carbery has confirmed that there will be “no change” to the price it will pay farmers for milk supplied in September.

In a statement issued today (Wednesday, October 18) the company, which is owned by farmers in west Cork, said it was continuing to support milk price from its Stability Fund and is allocating 3c/L support for September milk.

It added: “If this decision is replicated across the four West Cork co-ops; Bandon, Barryroe, Drinagh and Lisavaird, this will result in an average price for September of 35.98c/L – inclusive of VAT and 0.5c/L Somatic Cell Count (SCC) bonus”.

Milk price

The move by Carbery to hold its price follows the latest Global Dairy Trade (GDT) auction yesterday (Tuesday, October 17).

The GDT Price Index recorded its fourth consecutive increase – moving up by 4.3% when compared to the previous event on October 3 to 994, which has been seen as an encouraging sign.

Carbery is the latest processor to hold its milk price following in the wake of Dairygold, Lakeland Dairies and Kerry Group.

Dairygold

Dairygold will offer a quoted milk price of 33.5c/L, inclusive of VAT and sustainability and quality bonuses, based on standard constituents of 3.3% protein and 3.6% butterfat.

The September milk price equates to an average September farmgate milk price of 41.4c/L, based on average September milk solids achieved by Dairygold suppliers, according to the processor.

A spokesperson for Dairygold said that the global market outlook for milk has stabilized recently after several months of low demand.

Kerry Group

Kerry Group announced a base milk price of 32c/L including a further 3c/L milk contract payment, inclusive of VAT for qualifying September supplies, representing a combined price of 35c/Lwhich is unchanged since August.

This is based on constituents of 3.3% protein and 3.6% butterfat.

The September milk price at EU standard constitutes of 3.4% protein and 4.2% butterfat is 38.44c/L.

Lakeland Dairies

Based on price of 34c/L at constituents of 3.6% butterfat and 3.3% protein, will be paid for September milk in the Republic of Ireland.

The base price is unchanged from the price paid in August.

In Northern Ireland, a base price of 27.25p/L will be paid for milk supplied in September and again, the base price has been held for September supplies.

William

I'm William from America, I'm a food lover, often discovering and making new recipes. I started my blog to share my love for food with others. My blog is filled with delicious recipes, cooking tips, and reviews about restaurants and products. I'm also an advocate for healthy eating and strive to create recipes that are easy to make and use fresh ingredients. Many of my recipes contain vegetables or grains as the main ingredients, with a few indulgences thrown in for good measure. I often experiment with new ingredients, adding international flavors and finding ways to make dishes healthier without compromising on flavour. I'm passionate about creating simple yet delicious recipes that are fun to make and can easily be replicated at home. I also love sharing my experiences eating out with others so they can get the best out of their dining experiences. In addition to cooking and writing, I'm also an avid traveler, often visiting new places to discover local delicacies and explore different flavors. I'm always looking for a new challenge – whether it's trying an exotic food or creating a new recipe using unusual ingredients. My blog is a reflection of my passion for food and I'm always looking for new ways to share it with the world. Join me on my culinary journey and let's explore delicious foods together!

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