Ornua’s purchase price index (PPI) for the month of August 2026 is 130.4, up from August’s 130.2 figure.

Ornua’s estimate of member co-ops' processing costs was 10c/l in August.

The PPI implies an indicative return of 34.6c/l excluding VAT for August milk at base constituents net of Ornua costs to the market and having deducted estimated processing costs for last month.

The estimates are based on the average cost of processing the Ornua basket of products, which is not representative of any individual member co-op processor.

Market

“The results reflect stable market returns for the month of August,” Ornua said.

It added that prices “will rise and fall quarterly in line with the movements in the variable costs (most notably energy) as per the external indices”.

The Ornua value payment is also payable to member co-ops in the month and is worth €7.2m, equating to 6% of gross purchases in the month.