Kerry has announced a milk price of 30.5c/l excluding VAT for September milk supplies, at 3.6% butterfat and 3.3% protein.

Last week Glanbia and Lakeland also announced a price hold for the month.

Ornua's Purchase Price Index stalled for September. However the mix of commodities exported by Ornua now returns a milk price equivalent to 31.6c/l excluding VAT, assuming 6.5c/l processing costs.

Milk supply across Ireland was up by about 10% for the month of September compared with the same period last year.