Lakeland Dairies reduces July milk price – eDairyNews
Ireland |13 agosto, 2019

Milk | Lakeland Dairies reduces July milk price

Lakeland Dairies has become the latest processor to announce its milk price for July supplies, revealing a reduced figure for last month’s milk.

Following a board meeting today, Tuesday, August 13, the cooperative revealed a reduction of 0.5c/L for July.

In the Republic of Ireland, a price of 30.78c/L including VAT has been agreed for milk supplied in July.

In Northern Ireland, a price of 25.25p/L will be paid for July supplies.

Commenting on the price, the co-op said:

The continued uncertainty in the global dairy markets has manifested itself more sharply in the last month with butter prices, in particular, coming under severe pressure as demand slows.

“Against the backdrop of weak demand for butter as well as Brexit uncertainty, geo-political trade tensions and significant euro-sterling fluctuations, Lakeland Dairies will continue to closely monitor the market in the weeks ahead.”

Glanbia Cuts July Price

Yesterday, Glanbia became the first processor to show its hand of cards for July, announcing a price cut for suppliers.

Glanbia will pay its member milk suppliers 29.5c/L including VAT for July manufacturing milk supplies.

Glanbia Ireland (GI) will pay a base milk price for July of 29c/L including VAT, for manufacturing milk at 3.6% fat and 3.3% protein.

This is a reduction of 1c/L from the June base price.
The board of Glanbia Co-op has decided to continue to make a support payment to members of 0.5c/L including VAT for July milk supplies, according to the company.

The Glanbia Ireland price and the Glanbia Co-op support payment will be adjusted to reflect the actual constituents of milk delivered by suppliers, the firm added.

Legal notice on Intellectual Property in digital content

All information contained in these pages that is NOT the property of eDairy News and is NOT considered "in the public domain" by legal regulations, are trademarks of their respective owners and recognized by our company as such. The publication on the eDairy News website is made for the purpose of gathering information, respecting the norms contained in the Berne Convention for the Protection of Literary and Artistic Works; in Law 11.723 and other applicable norms.

Any claim arising from the information contained on the eDairy News website will be submitted to the jurisdiction of the Ordinary Courts of the First Judicial District of the Province of Córdoba, Argentine Republic, with a seat in the City of Córdoba, to the exclusion of any another jurisdiction, including the Federal.

Deja un comentario

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *

Related news