Kerry Group has risen the price it will pay farmers for milk supplied in November by one cent per litre (c/l).
The price announced is 49.5 c/l of milk supplied, provided it reached the 3.3% protein and 3.6% butterfat standard.
This price increase for Kerry supplies is up from 48.5 c/l last month, and 39.5 c/l in January, the lowest price in 2024.
Based on the average milk solids supplied to Kerry in November, the milk price inclusive of bonuses is 64.73 c/l.
All of these figures are inclusive of VAT.