Kerry Group is the latest co-op to increase its price for December milk supplies.
The southwestern co-op announced a 1c/l increase, meaning farmers will receive 29.89c/l excluding VAT for December milk.
Based on the average December milk solids, the price returned inclusive of VAT and bonuses will be 38.6c/l.
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In addition, a 3c/l goodwill payment agreed with Kerry Co-Operative Creameries Limited in relation to Kerry milk supply contract payments (calculated based on average annual milk supply for 2015 to 2019 inclusive) will be paid to suppliers next week.
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Kerry Group is the latest co-op to increase its price for December milk supplies.
The southwestern co-op announced a 1c/l increase, meaning farmers will receive 29.89c/l excluding VAT for December milk.
Based on the average December milk solids, the price returned inclusive of VAT and bonuses will be 38.6c/l.
In addition, a 3c/l goodwill payment agreed with Kerry Co-Operative Creameries Limited in relation to Kerry milk supply contract payments (calculated based on average annual milk supply for 2015 to 2019 inclusive) will be paid to suppliers next week.
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