Glanbia milk price falls from 36.1c to 34.6c
'Markets can sustain an increased price for March milk'
The March milk price is 37.65 cpl at the LTO constituents of 4.2% butterfat and 3.4% protein. Picture: Mark Stedman, RollingNews.ie
Thu, 15 Apr, 2021 - 11:00
Stephen Cadogan
The Glanbia milk price falls from 36.1c per litre (cpl) (including VAT) for February creamery milk to 34.6 cpl (including VAT) for March, at 3.6% butterfat and 3.3% protein.
Glanbia Ireland pay a base milk price for March of 34.18 cpl, up 1.5 cpl from February.
Added on is the 0.42 cpl payment from Glanbia Co-op on all milk supplied this month as their share of GI profit. But the seasonality bonus of 3 cpl is gone.