Kerry’s decision to set 30 cent per litre milk price hailed as benchmark

A DECISION by Kerry Group to set a milk price of 30 cent per litre for last month’s milk was hailed by the Irish Creamery Milk Suppliers Association yesterday as a benchmark for all dairy co-ops and processors.

Pat McCormack, ICMSA Dairy Committee chairman, said dairy markets were again stronger in May and these improvements were reflected by the Kerry decision.

He said this price must now serve as the benchmark for all co-ops and processors as their boards meet over the next week or so to set the May price.