Kerry Dairy Ireland has dropped its milk price for April by one cent per litre.
It will pay 50.43 cent per litre, including VAT and sustainability bonuses, for milk supplied last month.
Based on the average milk solids supplied to Kerry Dairy Ireland in April, the gross milk price is 53.93 cent per litre.
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When calculated using the EU's standard constituents (3.4% protein and 4.2% butterfat) the milk price, including VAT, is 55.09 cent per litre.
In their monthly milk price statement, the milk processor says that although "global demand for dairy remains resilient, the ongoing US tariff actions are putting pressure on the US dollar" and that as a result, "European export prices are losing competitiveness with the US and New Zealand".
