Waterford farming update: Glanbia increases milk prices for November
Glanbia will pay its Waterford milk suppliers 30 cent per litre (cpl) for November, the company confirmed today.
Glanbia Ireland (GI) will pay a base milk price for November of 29 cpl including VAT, for manufacturing milk at 3.6% fat and 3.3% protein. This is an increase of 1.0 cpl from the October base price.
Glanbia Chairman Martin Keane said: “The global dairy markets are largely in balance. Dairy proteins have improved on the global market, cheese remains firm, while butter markets remain fragile. The Board will continue to monitor developments on a monthly basis.”