Carbery Group has increased its milk price for January by 0.5c/l.
If this decision is replicated across the four west Cork co-ops (Bandon, Barryroe, Drinagh and Lisavaird), this will result in an average price for January of 31.3c/l, excluding VAT.
The price is inclusive of 1c/l in support, which continues to be paid from Carbery’s stability fund.
The price is exclusive of somatic cell count (SCC) or any other adjustments which may be made by the co-ops.
A Carbery spokesperson confirmed that the ongoing resilience in dairy markets and resulting confidence is driving the milk price increase.