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Dale Farm has increased its milk price for October by 0.25p/l, bringing its base to 26.55p/l once the co-op’s 0.3p/l loyalty bonus is included.
Suppliers to Dale Farm will also benefit from a 2p/l winter bonus payment on all milk delivered during October, November and December, bringing base price to 28.55p/l for last month.
Strathroy is holding its base at 26p/l for October, although the Omagh-based processor will pay its suppliers a 1p/l winter bonus on all milk supplied from October to February.
Glanbia Milk is holding its base price at 27p/l for October, while, last week, Lakeland announced a 0.3p/l increase, which brings its base to 26.55p/l.
Lakeland
Lakeland also intends to renew its current fixed-price contract for another three-year term, starting in January 2021.
Suppliers can commit either 5% or 10% of annual milk supply at a guaranteed base of 26p/l from April to September, rising to 28p/l from October to March.
Winter bonus premiums are excluded under the fixed-price contract, but normal bonus payments for milk quality and volume are applicable.
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