Dairygold milk price down 2c for July

"The Dairygold board will continue to closely monitor markets and review milk price on a month-by-month basis."

A company spokesperson commented that global milk markets "continue to weaken due to pressure on demand in key markets, with no sign of near-term correction". 

Dairygold has confirmed its price for July milk supplies, reducing it by 2c per litre.

Its quoted price is 36c per litre, based on standard constituents of 3.3% protein and 3.6% butterfat, inclusive of sustainability and quality bonuses and Vat.