Dairygold has today (Thursday, July 17) announced the price it will pay suppliers for milk supplied during the month of June.
The board of the co-op has decided to maintain the June quoted milk price at 49c/L, based on standard constituents of 3.3% protein and 3.6% butterfat, inclusive of sustainability and quality payments and VAT.
The June milk price equates to an average June farm gate milk price of 54.2c/L, based on the average June 2025 milk solids, achieved by Dairygold milk suppliers.
The quoted milk price for June, based on EU standard constituents of 3.4% protein and 4.2% butterfat, is 53.5c/L, inclusive of VAT.
In a statement, a spokesperson for Dairygold said: “Overall global dairy demand remains reasonably resilient, however gradually increasing global supply is beginning to put future returns under pressure".
"In addition, buyers face continued uncertainty in relation to tariffs and geo-political risks, which is hampering their appetite to take long term positions.
The Dairygold board continues to monitor markets closely and will review milk price on a monthly basis," the spokesperson added.
Last week, Lakeland Dairies confirmed that it will hold the price paid for milk supplied in June.
Lakeland Dairies board said the base price will remain “unchanged” and a 0.5c/L unconditional bonus will be paid on all litres supplied in June.
A price of 49.25c/L (3.6% butterfat and 3.3% protein) will be paid for June milk in the Republic of Ireland.
Lakeland said that this price is inclusive of the 0.5c/L unconditional bonus as well as the 0.5c/L Sustainability Incentive Payment.
In Northern Ireland, a price of 40.3p/L will be paid for milk supplied in June which is also inclusive of the 0.5p/l unconditional bonus on all milk supplied in June as well as the Sustainability Incentive Payment.