Dale Farm has announced a 0.5p/l cut to its milk price for August.
This puts the Northern Ireland processor on a new base of 24.5p/l.
Bonus
However, Dale Farm pays a 0.3p/l loyalty bonus to its suppliers on top of its base.
After factoring this in for August, it effectively puts Dale Farm on an all-in base of 24.8p/l before premiums for milk quality are applied.
Strathroy has also cut its August milk price by 0.5p/l to a base of 24.5p. This matches Lakeland, after it cut its NI price on Friday.
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Dale Farm has announced a 0.5p/l cut to its milk price for August.
This puts the Northern Ireland processor on a new base of 24.5p/l.
Bonus
However, Dale Farm pays a 0.3p/l loyalty bonus to its suppliers on top of its base.
After factoring this in for August, it effectively puts Dale Farm on an all-in base of 24.8p/l before premiums for milk quality are applied.
Strathroy has also cut its August milk price by 0.5p/l to a base of 24.5p. This matches Lakeland, after it cut its NI price on Friday.
Read more
Aurivo doubles capacity of Donegal plant with €6m investment
Ulster Bank open for low-cost loan applications
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