Kerry Creameries Limited will pay farmers an additional 0.5 cent per litre on all milk solids supplied under contract in 2025.
This payment will apply to all milk solids under the Milk Supply Contract in 2025, excluding milk solids supplied under Forward Price Schemes.
The payment will include VAT and will be paid at average Kerry milk solids.
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Kerry Creameries Limited says this total additional payment amounts to €6.2 million.