Dutch Dairy Board reveals how average milk price rose by 15%

IRISH co-ops increased milk prices from 2009 to 2010 by about 30%, according to figures for 17 major processors compiled by the Dutch Dairy Board.

Compared to 2009, the average milk price of the 17 dairies increased by 15%, but jumped 31% at Glanbia and 28% at Kerry.

The 2010 figures, which do not include all supplementary payments after the end of the calendar year, indicate that milk prices of Belgian, Irish, Dutch and German dairies were under the EU average in 2009, but showed the strongest increase in 2010.