Dairygold has held its October milk price at 30.12c/l inclusive of bonuses but excluding VAT, based on standard constituents of 3.3% protein and 3.6% butterfat.
It will equate to an average farmgate milk price of 39.18c/l excluding VAT, based on average October milk solids, a Dairygold spokesperson said.
“Dairy markets continue to adjust to challenges posed by COVID-19. While milk supply will likely outstrip demand in the coming months, current dairy markets remain relatively stable in near-term,” the spokesperson said.
“As is customary, the board will continue to review milk price on a month-by-month basis.”