Kerry increases milk price as production remains under pressure due to weather

"Commodity prices have settled with general stability in the global dairy market, however, there is a continued cautious approach being adopted by buyers at present with no strong surge in demand."

The Kerry Group milk price for March supplies is 41c/litre, up 1c/litre on the previous month.

The March price consists of a base price of 39c/litre and a milk contract payment of 2c/litre on all qualifying milk volumes.