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November LDA milk price jumps up
Cooperative Laiterie des Ardennes (LDA) has seen a jump in the milk price in November. A leap that also puts it above the price of some competitors. The improving dairy market is doing its job.
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The milk price based on the Belgian legal contents has been increased by €2,00 from €35,50 to €37,50 per 100 liters. The milk price at real contents will increase from €37,90 to €40,04 per 100 liters, as can also be seen in the Belgian Milk Price Comparator van Boerenbusiness.
The result is that LDA's milk price now occupies a solid middle position again, between Arla and Milcobel on the one hand and A-Ware and FrieslandCampina on the other.
LDA benefits, among other things, from the high cream price. The cooperative has also been selling milk powder for a number of months, and recently also mozzarella, via the GDT platform. The company also hopes to be able to respond quickly to price developments in the dairy market.