The Lakeland price paid for March milk supplies will stay at 29.7c/l (ex VAT).
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Lakeland and Kerry said on Wednesday that they were holding the milk price.
This means that Lakeland's price paid for March milk supplies stays at 29.7c/l (excluding VAT).
Meanwhile, the March price for Kerry remains 29.3c/l (excluding VAT).
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Glanbia announced on Tuesday that it was also holding the milk price at 29.3c/litre (ex VAT).
Glanbia chair Henry Corbally said global supply remains strong and there is continued uncertainty in the markets.
“Milk supply from the USA remains strong, while European milk volumes are recovering faster than expected. There continues to be a number of geopolitical uncertainties that could impact on the global dairy market. Supply and demand remain delicately balanced based on current global supply indications.”
The Irish Farmers Journal reports milk price excluding VAT.
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Lakeland and Kerry said on Wednesday that they were holding the milk price.
This means that Lakeland's price paid for March milk supplies stays at 29.7c/l (excluding VAT).
Meanwhile, the March price for Kerry remains 29.3c/l (excluding VAT).
Glanbia announced on Tuesday that it was also holding the milk price at 29.3c/litre (ex VAT).
Glanbia chair Henry Corbally said global supply remains strong and there is continued uncertainty in the markets.
“Milk supply from the USA remains strong, while European milk volumes are recovering faster than expected. There continues to be a number of geopolitical uncertainties that could impact on the global dairy market. Supply and demand remain delicately balanced based on current global supply indications.”
The Irish Farmers Journal reports milk price excluding VAT.
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