The Kerry Group base price for January milk supplies is 29.8c/l (excluding VAT). This is holding even with the December price.

Based on average January milk solids, the price return inclusive of bonuses is 34.25c/l (excluding vat).

A 3c/l goodwill payment was paid to suppliers after an interim agreement was reached in December over the contentious "leading" milk price issue between Kerry Group and representatives of Kerry Co-op.

Glanbia

Glanbia has increased its base milk price for January supplies by 1c/l, bringing the price to 29.41c/l (excluding VAT).

Glanbia also has two top-ups for suppliers for January milk.

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€33m to be paid out to Kerry milk suppliers next week

Glanbia sets January milk price and brings out new profit payment