Since the Irish Farmers Journal went to press last week, Tirlán, Dairygold and Carbery have announced their milk prices for January, joining Kerry and Lakeland Dairies.
Tirlán is the latest processor to announce its milk price for January. On Monday, it notified its suppliers of a 5.7c/l cut, excluding VAT.
It will pay its suppliers 53.4c/l, excluding VAT, for all January milk supplied at 3.6% fat and 3.3% protein.
After the Irish Farmers Journal went to press last week, Dairygold and Carbery also announced their January milk prices. Both processors revealed cuts, however Carbery suppliers will see a lesser reduction of just under 4c/l compared to 5.7c/l for Dairygold suppliers. Aurivo has yet to make an announcement.
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Meanwhile, the Global Dairy Trade (GDT) event in New Zealand saw the average price slip 1.5% on the last event held two weeks earlier, but not all dairy commodities reflect a downward trend.
The overall drop was driven by a 2% decrease in the value of whole milk powder traded and a 2.6% fall in anhydrous milk fat prices.
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Title: Tirlán the latest to cut January milk price
Since the Irish Farmers Journal went to press last week, Tirlán, Dairygold and Carbery have announced their milk prices for January, joining Kerry and Lakeland Dairies.
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Tirlán is the latest processor to announce its milk price for January. On Monday, it notified its suppliers of a 5.7c/l cut, excluding VAT.
It will pay its suppliers 53.4c/l, excluding VAT, for all January milk supplied at 3.6% fat and 3.3% protein.
After the Irish Farmers Journal went to press last week, Dairygold and Carbery also announced their January milk prices. Both processors revealed cuts, however Carbery suppliers will see a lesser reduction of just under 4c/l compared to 5.7c/l for Dairygold suppliers. Aurivo has yet to make an announcement.
Meanwhile, the Global Dairy Trade (GDT) event in New Zealand saw the average price slip 1.5% on the last event held two weeks earlier, but not all dairy commodities reflect a downward trend.
The overall drop was driven by a 2% decrease in the value of whole milk powder traded and a 2.6% fall in anhydrous milk fat prices.
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