Dairygold is the latest co-op to announce it is dropping its base price for milk supplied in July.

Its base price has reduced by 0.95c/l to 44.34c/l at 3.3% protein and 3.6% butterfat, both excluding VAT.

Sustainability and quality bonuses of 1.33c/l brings Dairygold’s price to 45.67c/l, all excluding VAT.

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This equates to an average July farm gate milk price of 51.56c/l, based on the average July 2025 milk solids achieved by Dairygold suppliers.

Dairygold’s quoted milk price for July, based on EU standard constituents of 3.4% protein and 4.2% butterfat, is 49.95c/l, excluding VAT.

A spokesperson for Dairygold said: “Global supply continues to grow across the main exporting regions and is currently outpacing demand growth, with prices easing as a result.

“Ongoing geopolitical tensions and risks continue to pose a challenge to buyers in the immediate term, although recent announcements should bring clarity.

“The Dairygold board continues to monitor markets closely and will review milk price on a monthly basis.”