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Strong commodities drive milk prices up

SHARING OPTIONS: Milk processors in Northern Ireland have increased base prices for January with Dale Farm and Glanbia Cheese adding 1p/l. A number of milk processors in NI have responded to pressure from suppliers for farmgate prices to reflect strengthening global commodity markets. Both Dale Farm and Glanbia Cheese have added 1p/l to base prices for milk supplied in January. This brings Dale Farm to a new base of 27.55p/l, inclusive of the co-op’s 0.3p/l loyalty bonus. In the case of Glanbia Cheese, its base rises to 27p/l before premiums on milk quality are applied.

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