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LacPatrick Dairies has announced that it will be holding its December milk price at 33.91c/l in the Republic of Ireland and at 29.45p/l in Northern Ireland.
The prices include a 0.2p/l Red Tractor bonus in Northern Ireland and a 0.25c/l Sustainable Dairy Assurance Scheme (SDAS) bonus in the Republic of Ireland.
Suppliers in Northern Ireland also receive a 1p/l winter bonus on top of the base price, while Republic of Ireland suppliers receive a 3c/l winter bonus.
Dairy markets
LacPatrick Dairies chair Andrew McConkey said that weakness in the global dairy markets continues to be a concern.
“We are happy to be able to show this commitment to all our suppliers by holding the price again for December,” the Newbliss, Co Monaghan, farmer said.
“However, there are difficulties ahead. We are facing into what is likely to be a challenging year in terms of milk price, with the global market lagging well behind current milk prices.
“As always, we will continue to closely monitor the situation and we commit to return the highest possible price to our suppliers,” McConkey said.
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