Kerry Dairy Ireland has maintained the June milk price.
The milk processor will pay 50.03 cent per litre (c/l) including VAT, and quality and sustainability bonuses, for milk supplied in June.
Based on the average milk solids supplied to Kerry Dairy Ireland in June, this equates to 53.59 cent per litre all inclusive.
In their monthly milk price statement, the milk processor states that overall market stability is being helped by the firm demand for fats.
It says that there is a robust milk supply globally especially in Ireland and the United Kingdom.
At EU standard constituents (3.4% protein, 4.2% butterfat) the milk price is 54.66c/l including VAT.