The Kerry Agribusiness forward price scheme two was confirmed at 30.65c/l excluding VAT. Applications for scheme two opened for Kerry Agribusiness milk suppliers online on Tuesday 14 August at 2pm.

Scheme details

The second round of the scheme will close at 2pm on Wednesday 15 August. The scheme is from September to October 2018 and March to October 2019 at 3.3% protein and 3.6% butterfat.

The scheme is inclusive of all bonuses payable during the scheme period to suppliers for milk supplied outside the scheme, ie SDAS and SCC bonus.

Grading scheme

The 30.65c/l price will be subject to deduction of penalties in accordance with the prevailing milk grading scheme.

Milk suppliers have less than 24 hours to log on to the Kerry Agribusiness online services and apply for the volume of milk (a minimum of 1% or a maximum of 20% of annual contracted milk volume) they wish to commit to the forward price scheme.

To avail of the forward price scheme, milk suppliers must be registered for Kerry Agribusiness online services.

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