Dale Farm has announced an extra or 13th payment of 0.5p/L (60c/L equivalent) in the March milk cheque.
The payment will be made for all litres supplied in the financial year from April 2024 to March 2025.
It follows what Dale Farm described as a “strong performance” in 2024/25 which has seen “strong profitability” generated alongside substantial investment in the business.
Dale Farm has set the March 2025 milk price at 41.8p/L, following the removal of its 3p/L winter support payment which ran from October to February.
This price equates to €48.96c/L excluding VAT when calculated against a 3.6% butterfat and 3.3% protein.
March milk
Meanwhile the board of Lakeland Dairies has not changed its March milk price, with the base price remaining at 48.75c/L (at 3.6% butterfat and 3.3% protein) for the Republic of Ireland (ROI).
This is inclusive of the 0.5c/L Sustainability Incentive Payment. The base price has been held from last month, Lakeland said.
In Northern Ireland, a base price of 39.8p/L will be paid for milk supplied in March which is inclusive of the 0.5p/L Sustainability Incentive Payment. The base price for Northern Ireland suppliers has also been held from last month.
Kerry Creameries announced its leading milk price payment for 2024, confirming it will pay an additional 0.88c/L.
This figure includes VAT and is based on average milk solids supplied to the processor. The agreement followed consultation with the board of Kerry Co-op.
The payment will be made on milk solids under the milk supply contract in 2024, but excludes milk supplied under forward price schemes.
