Glanbia to pay 32cpl for October milk

Glanbia will pay its milk suppliers 32 cent per litre (cpl) including VAT for October manufacturing milk supplies at 3.6% butterfat and 3.3% protein. This is unchanged from the September price.

Glanbia Chairman Martin Keane said: “As highlighted last month, milk suppliers should be aware that there has been a sharp reduction in dairy market returns which has not been reflected in the base milk price to date. The Board will continue to monitor developments on a monthly basis”.

First Published 12 November 2018