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After a bumper monthly milk supply in October 2018, our survey results this week show October 2019 national supply is well back.
Kerry Group is back 7% for October 2019 compared with October 2018. Dairygold is back 6% and Glanbia is back 4%.
Of the rest, Arrabawn is down 3% and Aurivo is down 1.8%, with the west Cork co-ops back by between 8% and 1.5%. Lakeland is on par with October 2018 supplies.
The GDT auction result this week was up 3.7% to average $3,446/t, with whole milk powder jumping the highest, up 3.6% to $3,254/t.
Over the next 10 days, Irish milk prices will be set.
Gerald Quain, ICMSA dairy chair, said: “All co-ops should be paying in excess of 31c/l for October milk. Increasing farmer milk price must be on the agenda of every co-op board as dairy markets have moved on significantly.”
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