Glanbia Ireland October milk price of 35cpl

The Glanbia Ireland base manufacturing milk price is unchanged for October.

Glanbia Ireland will pay its milk suppliers 35 cent per litre (cpl) including VAT for October manufacturing milk supplies at 3.6% butterfat and 3.3% protein. This price is unchanged from the September price.

Glanbia Ireland Chairman Henry Corbally said: “`While wet weather has affected early season output in New Zealand, the key EU regions of Germany, France and the UK are now reporting higher milk output. Consequently market sentiment has weakened. The Board will continue to monitor market developments on a monthly basis.”

First Published 13 November 2017