August 10, 2020
Business News

Kilkenny multinational bottom of European league table for milk prices

Kilkenny’s food giant Glanbia has come bottom of a table for milk prices paid to farmers by Europe’s largest dairies.

A survey released by the Dutch Federation of Agriculture and Horticulture, which is based on the VAT-exclusive prices paid to farmers for milk delivered in September reveals Glanbia pays the lowest milk prices of 16 of the largest European dairies recorded.

Propping up the table, just above Glanbia, are two more Irish dairy producers, Dairygold and Kerry group.

The survey revealed Glanbia was 9 cents per litre (c/l) lower than the top price paid and 3.5 c/l lower than the average price paid of 33.56c/l

For September, Glanbia paid 29.15c/l, Dairygold paid 29.3c/l, while Kerry Group paid 30c/l.

Italian milk producer, Granarolo North paid top price of 39.33c/l, with French producers filing out the next spots on the league table at 37.45c/l, 36.67c/l and 35.91 c/l.

 

 

 

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