Kieran Mailey looks at what differences dairy farmers can expect between the two payment models operating in NI.
From 1 April 2025, Dale Farm has confirmed it will increase the value of butterfat and protein in its payment model.
Milk prices have been up across the board for August, with Dairygold, Kerry Dairy and Lakeland Dairies also lifting their prices by 1.19c/l excluding VAT.
Dairy market returns continue to be positive, with market prices improving, a Dairygold spokesperson commented.
“Supply-side dynamics continue to bolster dairy markets, with milk volumes across major exporters continuing to fall short of projection," Kerry said.
Suppliers to Strathroy Dairy now have the option of moving to a milk solids payment model. Kieran Mailey reports.
William Chesnutt is one of the speakers at next week's Fields Good festival in Glenarm.
Dairygold, Tirlán, Kerry, Arrabawn and Lakeland have all increased their milk price for July supplies.
The boards of both Dairygold and Tirlán have moved to increase the base price of milk for the month of July.