Annual milk prices in the KPMG/IFJ annual milk price compares milk prices based on the milk fat and protein collected from the co-ops. Traditionally there are big differences across the country so it makes sense to standardise the milk price. This week we published a standardised version of the KPMG/IFJ milk price review to allow comparison.

Therefore I’ve taken the KPMG price ex VAT, transport and levies and standardised it at 3.3% protein and 3.6% fat. This is just for comparison purposes, so we can look at prices across co-ops at the same fat and protein. Remember most farmers are now producing milk of better quality. Bonuses on fixed milk price schemes, winter milk, milk quality etc are still included.

Table 2: Standardised KPMG/IFJ Milk price review prices ranked at 3.3% protein and 3.6% fat (ex VAT c/l) 2019

Barryroe 32.04

Lisavaird 31.72

Bandon 31.50

Drinagh 31.48

Kerry Group 31.28

Lakeland Dairies 29.18

Glanbia 29.03

Dairygold 28.90

Tipperary Co-op 28.43

Visit www.ifj.ie/pricereview

Watch back: milk price review webinar