Milk Price Tracker: 2023 starts with cuts across the board in Ireland

Published 2023년 3월 8일

Tridge summary

The Milk Price Tracker article provides an overview of the milk prices offered by major Irish dairy co-ops for January, detailing any changes in base milk price using a standard pricing system. It also covers bonus and penalty payments, including those for milk with low somatic cell counts or total bacteria counts, and bonuses for high protein content or early calving. Some co-ops offer additional bonuses for milk with certain quality characteristics or for farmers who commit to sustainability programs. The article highlights the varied bonus structures among the co-ops, providing a comprehensive summary of the financial incentives available to milk suppliers in Ireland.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The latest Milk Price Tracker – brought to you by Agriland and the Irish Creamery Milk Suppliers’ Association (ICMSA) – details milk prices from the most significant Irish dairy co-ops for the month of January. For each co-op, a green arrow indicates an increase in base milk price (compared with the previous month); a blank space signifies no change; and a red arrow indicates a drop in base milk price. It is important to note that the cent-per-litre (c/L) milk prices – shown in the table below – are calculated using the widely accepted milk-pricing system. This is an approach employed by most Irish co-ops. It should also be noted that, when calculating the base prices (on a c/L basis), we have used a fixed-mass density factor to convert from kilograms (kg) to litres (L). Advertisement The conversion factor used is 1.03, meaning 1L of milk corresponds to 1.03kg of milk. The Irish c/L milk prices – quoted in the table – are base prices at the standard fat and protein percentages ...
Source: AgriLand

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