Sign in to your account
Forgot / Reset Password? Click here
Not registered with Farmers Journal? Register now to read 5 Member articles for FREE
Or

To redeem your unique loyalty code from the print edition click HERE
Just one final step...
You must confirm your email address by clicking on the link we’ve sent to your email address.
You are only one short step away from reading...
Glanbia and Lakeland increase July milk price
Register below to read FIVE Member articles
for free per month.
Or to redeem your unique loyalty code
from the print edition click HERE
Only takes a second!
Already registered with Farmers Journal? Sign in
By registering an account you agree to our Privacy Policy and Terms of Service.
code

Glanbia and Lakeland increase July milk price

By on
Two of the largest milk processors in the country have set their milk price for July.
Two of the largest milk processors in the country have set their milk price for July.

Glanbia's newly formed milk collecting and agribusiness branch, Glanbia Ireland, will pay 32.2c/l excluding VAT at 3.6% fat and 3.3% protein for July manufacturing milk. This is a 1c/l increase on the previous month.

“We are pleased to be able to reflect continuing positive dairy market performance, particularly with strong demand for butter and good demand for cheese," said Glanbia chair Henry Corbally. "However, certain parts of the dairy market continue to be challenging, especially powders, and the Glanbia Ireland Board will continue to monitor market developments on a monthly basis.”

Lakeland Dairies, too, has applied a 1c/l increase to its July price. "This is driven by a strong butter market but a very weak market and returns for skim milk powder," the co-op said in a statement. Its base price is level with Glanbia at 32.2c/l excluding VAT.

In Northern Ireland, Lakeland has raised its milk price by 1p/l to 27.5p/l.

Read more

Milk prices: Ornua PPI stable for July

Ingredients drive Glanbia’s first half results

Related tags
Related Stories
Member
Milk prices increase this week
9FT Spearhead flail mower in like new condition cant be faulted in any way.M...
Deeer culling/ vermin control carried out by insured and experienced shooters. T...
This new ex-demo Torro is ready for work. Is also fitted with an additive applic...
Class liner 880 rake in very good order farmers machinefor more information ...
Kuhn Gmd 700 very clean all serviced and ready for grassfor more information...