March and April milk price rises indicate EU market optimism

Irish dairy farmers will be interested to see if their co-ops continue to lift prices
March and April milk price rises indicate EU market optimism

For most of these companies, the increases were the result of higher fat and protein valuations. File Picture. 

March and April milk price gains at some of the big EU milk processors indicate “cautious optimism” in the dairy market, according to the ZuivelNL monthly price report published on behalf of the LTO Nederland farmers organisation, in collaboration with EDF (European Dairy Farmers).

The milk price of Arla in Denmark is expected to increase in March by €0.50 per 100 kg at 4.2% fat, 3.4% protein, followed by an increase in April of €1.50. FrieslandCampina in the Netherlands will increase the milk price in March and April, by €0.20 and €0.70 respectively.

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