Markets 'beginning to find balance' as processors confirm milk prices for January

Dairy market prices "have improved in recent months, reflecting a decrease in global milk supplies, but with demand continuing to be volatile, future pricing forecasts remain uncertain".

A spokesperson for Kerry said that "dairy markets remain volatile and without definite direction, with sluggish demand hampering the impact of bullish sentiment around lower milk supplies". 

Kerry Group has announced its milk price for January supplies of 39.5c/litre at 3.3% protein and 3.6% butterfat.

This consists of a base price of 37c/litre, up 1c from last month, and a milk contract payment of 2.5c/litre on all qualifying milk volumes.