Kerry confirms milk price for July
Based on Kerry’s average milk solids for July, the milk price return inclusive of Vat and bonuses is 48.32c/litre.
Kerry Dairy Ireland has confirmed its milk price for July supplies.
It will pay 44c/litre at standard constituents, up from 42.5c/litre last month.
Based on Kerry’s average milk solids for July, the milk price return inclusive of Vat and bonuses is 48.32c/litre.
A Kerry spokesperson said that butter prices "continue to bolster dairy market returns".
"The demand landscape remains largely stable, with robust demand outside of China, while demand from China continues to be weak," the spokesperson added.
Lakeland Dairies was the first processor to confirm its price for July supplies.
A base price of 45.25c/litre (3.6% butterfat and 3.3% protein) will be paid for July milk in the Republic of Ireland which is inclusive of the 0.5c/litre sustainability incentive payment.
The base price has increased by 1.75c/litre from last month.
In Northern Ireland, a base price of 37.3p/litre will be paid for milk supplied in July which is inclusive of the 0.5p/litre sustainability incentive payment.
The base price has increased by 1.5p/litre from last month.
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