The board of Dale Farm has set its base milk price at 41.30p/L for August supplies at 3.95% butterfat and 3.24% protein, the co-op has announced.
The constituents are plus or minus 0.01% butterfat which is worth 0.031p/L and 0.048p/L for protein, according to Dale Farm which is headquartered in Belfast.
The Dale Farm milk price for August supplies in the Republic of Ireland (ROI) is 47.60c/L, excluding VAT, at 3.6% butterfat and 3.30% protein, the co-op said.
Dale Farm is owned by 1,300 dairy farmers across Northern Ireland, England and Scotland. The co-op purchases in excess of 900 million litres within Northern Ireland.
Earlier this year, the co-op’s group chief executive, Nick Whelan said Dale Farm is planning to expand its milk pool in Northern Ireland by up to 1% per annum over the next 10 years.
If achieved, this will see the co-op processing an extra 10 million litres of milk per annum. The co-op also has a smaller milk pool in North West of England.
Dale Farm
Last month, Dale Farm raised nearly £10,000 for its charity partner, Cancer Focus NI, following a tractor and truck run at the Ballymena Livestock Market.
Dale Farm employees, farmers and members of the local community arrived in tractors, trucks and vans, with over 160 vehicles taking part in the tractor run.
