This week we republish the results of the annual milk price review. Following publication last week, KPMG contacted us after it came to light that during the review process they had omitted 0.48c/l from the Drinagh Co-op milk price.

Drinagh is one of the four west Cork Co-ops that trade under the Carbery banner. In last week’s figures, this resulted in Drinagh Co-op coming into fifth position. However, with the inclusion of the 0.48c/l, the co-op now ranks in third position, just slightly behind Lisavaird Co-op.

This pushes Kerry into fourth position ahead of Bandon Co-op. All graphs and tables have been amended to take account of this change.

Two in a row for Barryroe

Barryroe Co-op in west Cork has topped the Irish Farmers Journal/KPMG Annual Milk Price Review for the second year in a row.

Barryroe Co-op paid 35.29c/l ex VAT at 3.52% protein and 4.12% fat in 2019, putting it top of the table for the annual milk review.

The west Cork domination of the annual exercise continues, with the four co-ops that supply Carbery filling four of the top five positions.

Kerry paid out a 2.85 c/l ex VAT goodwill payment unconditionally to all its farmers in a row over “leading milk price”. However, it still wasn’t enough to push it to the top of the table.

Lakeland Dairies is at the bottom of the table, paying 31.73 c/l ex VAT for milk at 3.44% protein and 4.07% fat. The fast-growing Glanbia a nd Dairygold feature in sixth and seventh position, respectively.

Milk prices

The annual exercise does not standardise milk supply, but instead shows the various milk prices paid at the fat and protein percentages delivered and includes all conditional bonuses related to manufacturing milk supply, such as somatic cell count, TBC, quality assurance and seasonal bonuses.

Most of the milk suppliers in the west will not be able to compare what they received on a like-for-like basis as Arrabawn and Aurivo co-ops both decided not to participate in the industry study in a row over liquid milk price inclusion.

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