Milk price recovery continues

Dairy farmers have welcomed the announcement by Carbery of a 1.5c/l milk price increase, enabling the West Cork co-ops to paying 29-30 cent per litre for milk, becoming the first co-ops to reach that level since May, 2015.

IFA National Dairy Chairman Sean O’Leary also welcomed Glanbia’s 2c/l price increase to 28c (including a 1c co-op top up).

But Mr O’Leary said Lakeland suppliers are very disappointed at their increase of only 1c/l for October milk, leaving their price more than 1c l short of the Ornua PPI for October, which is equivalent to a 27.9c milk price.