Second processor announces milk price cut

The markets started turning towards the end of 2022 and have weakened very significantly in recent months.

Kerry Group is the second processor to announce a cut to its milk price for January supplies.

The Kerry Group base price for January milk is 50c per litre (Vat included) at 3.3% protein and 3.6% butterfat. This is a drop from the base price of 56c per litre for December milk supplies.