Dutch company FrieslandCampina paid its farmers the highest milk price in February when compared with other big international milk processors.
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The main Dutch processor FrieslandCampina is paying 36.12c/litre for February milk supply, while the main French milk players Sodiaal, Lactalis and Danone paid 35.26c, 35.08c and 34.51c/litre respectively.
As reported in the Irish Farmers Journal monthly milk league for February, Glanbia is paying about 31.85c/litre including VAT, Kerry 31.68c and Dairygold 31.51c/litre.
In line with German prices
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Irish milk prices are in line with German prices and about 1c/litre ahead of US (Class 3) milk prices.
New Zealand’s milk price from Fonterra at 30.44c/litre is at the bottom of the global table.
When we convert milk prices to cent/litre and use the standardised formula that we use in the monthly milk league, it is clear Irish milk prices are about 3c to 4c/litre behind the main French and Dutch dairy European players.
Also worth noting is that some processors have additional payments as annual top-ups on top of the prices in the table.
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The main Dutch processor FrieslandCampina is paying 36.12c/litre for February milk supply, while the main French milk players Sodiaal, Lactalis and Danone paid 35.26c, 35.08c and 34.51c/litre respectively.
As reported in the Irish Farmers Journal monthly milk league for February, Glanbia is paying about 31.85c/litre including VAT, Kerry 31.68c and Dairygold 31.51c/litre.
In line with German prices
Irish milk prices are in line with German prices and about 1c/litre ahead of US (Class 3) milk prices.
New Zealand’s milk price from Fonterra at 30.44c/litre is at the bottom of the global table.
When we convert milk prices to cent/litre and use the standardised formula that we use in the monthly milk league, it is clear Irish milk prices are about 3c to 4c/litre behind the main French and Dutch dairy European players.
Also worth noting is that some processors have additional payments as annual top-ups on top of the prices in the table.
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