Carbery has pealed a further 1c/L off its base milk price for June, the processor has confirmed.
It has said that it is continuing to support milk price from its stability fund and is allocating 3c/L support for June milk.
If this decision is replicated across the four West Cork co-ops; Bandon, Barryroe, Drinagh and Lisavaird, this will result in an average price for June of 40.2cpl, inclusive of VAT and 0.5cpl Somatic Cell Count (SCC) bonus.
In a statement to www.thatsfarming.com, a spokesperson said that “dairy markets performance and, in particular, the slow demand recovery to date continues to be of concern”.
Carbery is the third processor to announce its milk prices, following statements from Lakeland Dairies and Kerry Group.
Other milk price announcements
On Tuesday, July 11th, 2023, Lakeland Dairies became the first milk processor to set its price for June 2023 supplies.
According to a statement released to this publication by a spokesperson for Lakeland Dairies, the price of 37.35c/litre (3.6% butterfat and 3.3% protein) will be paid for June milk in the Republic of Ireland.
This price is unchanged from the May price, as reported by us in this news article.
Meanwhile on Monday, July 17th, 2023), Kerry Group became the second processor to set its June 2023 milk supplies.
The processor, in a statement to www.thatsfarming.com, confirmed that its base price for June milk supplies is 37c/L (Vat Inc) at 3.30% Prot/3.60% Bfat and 40.61 cent per litre (Vat Inc) at EU Standard Constituents 3.40% Prot/4.20% Bfat.
Based on Kerry’s average milk solids for June, the milk price return inclusive of VAT and bonuses is 39.01 cent per litre, the statement reads.
This remains unchanged from the previous month’s previous, as reported by us in this news article.
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