June milk prices on hold as Ornua market prices strengthen.
ADVERTISEMENT
Kerry Group, Lakeland and Glanbia have all decided to hold the June milk price at the same level as May.
This is despite the Ornua PPI increasing last week to reach 36c/l ex VAT.
Base prices, ex VAT, mean Lakeland Dairies stays at 34.1c/l, Glanbia at 33.8c/l and Kerry Group at 33.2c/l.
ADVERTISEMENT
This means there is now a 1.9c/l difference between Lakeland’s June price and the PPI, a 2.2c/l difference for Glanbia, and a 2.8 c/l difference for Kerry.
Taking the average price difference for the three big players and comparing it to the PPI, the June cheque will be €1,610 less than the equivalent of what Ornua can achieve in the global market.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
Kerry Group, Lakeland and Glanbia have all decided to hold the June milk price at the same level as May.
This is despite the Ornua PPI increasing last week to reach 36c/l ex VAT.
Base prices, ex VAT, mean Lakeland Dairies stays at 34.1c/l, Glanbia at 33.8c/l and Kerry Group at 33.2c/l.
This means there is now a 1.9c/l difference between Lakeland’s June price and the PPI, a 2.2c/l difference for Glanbia, and a 2.8 c/l difference for Kerry.
Taking the average price difference for the three big players and comparing it to the PPI, the June cheque will be €1,610 less than the equivalent of what Ornua can achieve in the global market.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS