Kerry Dairy Ireland Increases November Milk Price
Source: DairyNews.today
Kerry Dairy Ireland, the dairy division of Kerry Group, has announced a rise in its milk price for November supplies, effective from Friday, December 13. The new price is set at 49.5c/L, including VAT, for milk with 3.3% protein and 3.6% butterfat.
This marks a continued upward trend in milk prices for Kerry suppliers, following previous increases from 48.5c/L in October, 47.75c/L in September, and 45.25c/L in August.
Kerry’s milk price return for November, based on the average milk solids, is 64.73c/L, including VAT and bonuses. The company noted that global dairy markets remained stable in November, with strong demand offsetting the effects of higher milk production.
In contrast, Lakeland Dairies has kept its November milk price unchanged at 49.6c/L. The price, which includes a 0.5c/L Sustainability Incentive Payment, applies to milk in the Republic of Ireland (ROI), with a 3c/L out-of-season payment available to qualifying farmers. In Northern Ireland (NI), the base price is set at 40.8p/L, also inclusive of a 0.5p/L Sustainability Incentive Payment, with an additional 3p/L out-of-season payment.
Meanwhile, Dairygold has raised its milk price by 1.0c/L, bringing it to 50.0c/L for November, based on standard constituents of 3.3% protein and 3.6% butterfat, including sustainability and quality bonuses. The November price corresponds to an average farmgate milk price of 66.8c/L for Dairygold suppliers. The EU standard milk price for November, at 3.4% protein and 4.2% butterfat, is set at 54.5c/L, including VAT.
Kerry’s milk price return for November, based on the average milk solids, is 64.73c/L, including VAT and bonuses. The company noted that global dairy markets remained stable in November, with strong demand offsetting the effects of higher milk production.
In contrast, Lakeland Dairies has kept its November milk price unchanged at 49.6c/L. The price, which includes a 0.5c/L Sustainability Incentive Payment, applies to milk in the Republic of Ireland (ROI), with a 3c/L out-of-season payment available to qualifying farmers. In Northern Ireland (NI), the base price is set at 40.8p/L, also inclusive of a 0.5p/L Sustainability Incentive Payment, with an additional 3p/L out-of-season payment.
Meanwhile, Dairygold has raised its milk price by 1.0c/L, bringing it to 50.0c/L for November, based on standard constituents of 3.3% protein and 3.6% butterfat, including sustainability and quality bonuses. The November price corresponds to an average farmgate milk price of 66.8c/L for Dairygold suppliers. The EU standard milk price for November, at 3.4% protein and 4.2% butterfat, is set at 54.5c/L, including VAT.
