The 1.5c/l drop brings Kerry’s price down to 22.3c/l, excluding VAT, at 3.6% fat and 3.3% protein.

This is the first time that Kerry has cut its milk price since November 2015.

Earlier this week, Aurivo, Arrabawn, Carbery and Dairygold cut their April milk prices by 1c/l.

Read more

GDT edges up as co-ops cut milk price