Irish milk prices bottom of EU league table

IRISH milk prices continue to lag near the bottom of the EU league table, according to the international milk price review carried out annually by the Dutch LTO-Nederland farmers' group.

In its rolling average 12 month milk price rankings for August, 2005, Glanbia were ranked at €26.68 per 100kg (25.9 cent per litre), and Kerry Agribusiness at €27.12 (26.33c/l).

The LTO figures are for standard milk with 4.2% fat; 3.35% protein; 350,000 kg per year; total bacterial count 24,999; somatic cell count 249,999; VAT excluded, milk collected every other day.