Co-ops hold milk prices as EU slows production
An increase in the Ornua Price Purchase Index monthly indicator of market returns on dairy products offers co-ops to hold December milk prices unchanged from November.
The country’s biggest milk buyer, Glanbia, has led the way with an unchanged 32 cent per litre (cpl) including VAT at 3.6% butterfat and 3.3% protein, unchanged from the November price made up of Glanbia Ireland base milk price at 30 cpl and Glanbia Co-op’s support payment of 2 cpl .
