In the Republic of Ireland, LacPatrick's suppliers are getting a 1c/l price increase, resulting in a July base price of 30.36c/l (excluding VAT).

In Northern Ireland, LacPatrick's price is increasing by 1p/l to 27.5p/l.

The boost will be all the more significant for farmers in the LacPatrick catchment area after favourable weather conditions there resulted in the co-op reporting a 2% increase in milk collections last month.

Neighbouring Lakeland also increased its July price by 1c/l amid growing supplies. The two co-ops are currently holding merger talks.

Increased supply in the north and west was in contrast with the south and east, where July production was down following more severe drought.

Also this Monday, Arrabawn decided to leave its July milk price unchanged at 30.4c/l, excluding VAT. This includes a 1c/l weather support payment continued from the previous month.

Milk processors have so far either increased or held prices for July supplies.

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