Glanbia holds its May milk price

Glanbia has announced that it will pay its member milk suppliers 30.5 cent per litre including VAT for May manufacturing milk supplies at 3.6% butterfat and 3.3% protein.

Glanbia Ireland (GI) will pay a base milk price for May of 30cpl including VAT, for manufacturing milk at 3.6% fat and 3.3% protein. It will also make a support payment of 0.5cpl including VAT for May milk supplies. It is the first of the co-ops to unveil its May milk price.