The board of Carbery Group has decided to increase its milk price by 1c/l for January 2020. The increase of 1c/l reflects a rise in the base price of 1.5c/l and a 0.5c/l reduction in the support being paid from its stability fund.

The January 2020 price equates to a 30.7c/l (excluding VAT, but including 0.5c support from the Carbery stability fund.) This will be replicated across the groups four co-ops; Bandon, Barryroe, Lisavaird and Drinagh.

Other processors

Glanbia increased its base milk price for January supplies by 1c/l to 29.41c/l (excluding VAT) and Kerry announced it was holding its price at 29.8c/l (excluding VAT) earlier this week. Lakeland Dairies has also increased its milk price for January milk by 0.5c/l.