Dairygold has held the August price for September supplies meaning that suppliers are being paid 34.15c/litre (ex-VAT) at 3.3% protein and 3.6% butterfat.
Dairygold has joined Kerry and Glanbia in holding price for September. Thus far only Lakeland has increased the September price.
Last week, Lakeland upped its price by 1c/l saying it was paying suppliers a “butter bonus”.
PPI
Ornua set the Purchase Price Index (PPI) for September last week. The PPI is 114.3, which is up from 111.0 in August.
A PPI of 114.3 equates to a milk price of 32.9c/l (excluding VAT)
Ornua says the PPI “reflects higher butter and cheddar returns, offset by lower whey prices and stable SMP returns”.
Read more
Irish milk prices still lag behind competitors
Dairygold has held the August price for September supplies meaning that suppliers are being paid 34.15c/litre (ex-VAT) at 3.3% protein and 3.6% butterfat.
Dairygold has joined Kerry and Glanbia in holding price for September. Thus far only Lakeland has increased the September price.
Last week, Lakeland upped its price by 1c/l saying it was paying suppliers a “butter bonus”.
PPI
Ornua set the Purchase Price Index (PPI) for September last week. The PPI is 114.3, which is up from 111.0 in August.
A PPI of 114.3 equates to a milk price of 32.9c/l (excluding VAT)
Ornua says the PPI “reflects higher butter and cheddar returns, offset by lower whey prices and stable SMP returns”.
Read more
Irish milk prices still lag behind competitors
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