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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