June 2016 Newsletter

Milk Price & Supply

After milk price support of 0.5 cents per litre (cpl) by the Co-Op, the milk price for the month of May is unchanged at 25.65 cpl (116.60 cents per gallon) at 3.60% butterfat and 3.30% protein, including a bonus of 0.5 cpl for a Summer Somatic Cell Count (SCC) of less than 200,000, SDAS bonus of 0.15 cpl and VAT at 5.2%.

The average price paid for the month based…

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