Kerry Group met on Tuesday and agreed to hold the milk price at 29.4c/l (excluding VAT).

This is based on milk supplied at 3.3% protein and 3.6% fat.

Meanwhile, Dairygold's board left its price unchanged at 29.9c/l excluding VAT but including bonuses.

On Monday, the board of Glanbia kept the February milk price unchanged at 29.3c/l (excluding VAT), at 3.6% fat and 3.3% protein.

Lakeland also held its milk price at 29.7c/l (excluding VAT).

Meanwhile, Carbery Group increased milk price for February by 1.5c/l and it is now up to the four co-ops within Carbery (Lisavaird, Drinagh, Barryroe and Bandon) whether they follow suit.

The Irish Farmers Journal reports milk prices excluding VAT.

Read more

Global milk supply picking up