Kerry Group confident milk prices will remain stable.

Kerry Group is optimistic that current milk prices will hold beyond the end of the month. Managing Director Hugh Friel says buyers have stayed out of the market in expectation of a drop in price at the end of June but this has not happened and prices remain firm. He was speaking at the opening of a new 500,000 euro store for Kerry Agribusiness in Dingle. Mr Friel says the situation will be constantly reviewed, but as of now there is a very real possibility that current prices will be extended into July.