Dairygold milk truck
The Dairygold Board has increased its October quoted milk price by 1.0cpl to 49.0cpl, based on standard constituents of 3.3% protein and 3.6% butterfat, inclusive of sustainability and quality bonuses and VAT.
The October Milk Price equates to an average farm gate milk price of 65.2cpl, based on the average October 2024 milk solids, achieved by Dairygold Milk Suppliers.
The quoted milk price for October, based on EU Standard constituents of 3.4% Protein and 4.2% Butterfat, is 53.4cpl, inclusive of VAT.
A spokesperson for the company said: “Dairy market returns remained positive through October, driven primarily by both butter and cheese returns, as buying activity remained strong, with annual global milk supply flat.”
“The Dairygold Board will continue to monitor markets closely and review milk price on a monthly basis,” the spokesperson stated.
