Dairygold has today (Tuesday, February 18), announced that its quoted milk price for January has remained at 50c/L.
This is based on standard constituents of 3.3% protein and 3.6% butterfat, including sustainability and quality bonuses, and VAT.
Additionally, Dairygold’s early calving bonus for January is 7.36c/L, including VAT, will be paid on milk supplied in January, in accordance with milk quality criteria.
This will increase the attainable Dairygold milk price to 57.36c/L.
The January milk price equates to an average January farm gate milk price of 67.6c/L, based on the average January 2025 milk solids, achieved by Dairygold milk suppliers.
A spokesperson for Dairygold said: “Dairy markets are generally stable, as buyers are cautious to commit, in advance of the EU peak milk supply in the coming months.”
The Dairygold board said it will continue to monitor markets closely, and review milk prices on a month-by-month basis.
January milk price
Dairygold is not the only processor to announce its January milk price today.
Earlier, Carbery Group announced it is holding the price for January supplies.
Carbery said that if this decision is replicated across the four west Cork co-ops – Bandon, Barryroe, Drinagh, and Lisavaird – it will result in an average milk price of 53.57c/L including VAT, the somatic cell count (SCC) bonus and the FutureProof sustainability bonus.
The FutureProof bonus available for 2025 has increased by 0.25c/L to a total 1.25c/L.
Meanwhile, yesterday, Kerry Dairy Ireland confirmed the price it will pay suppliers for milk delivered in January.
The processor said that the milk price for January milk supplies is 53.5c/L, including VAT.
Kerry Dairy Ireland noted that this is inclusive of a base-price top-up of 3c/L, including VAT and quality bonuses.
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