Kerry lifts March milk price

Kerry Group is the third processor to release its milk price for March.

14 April 2021

The price at EU standard constituents is 35.44c/l ex-VAT. /Donal O' Leary

Kerry Group has decided to lift its base price by for March supplies up 1c/l at 32.2c/l ex-VAT at 3.3% protein and 3.6% butterfat.

The price at EU standard constituents (3.4% protein and 4.2% fat) is 35.44c/l ex-VAT.

Meanwhile, Lakeland Dairies announced a price of 32.5c/l ex-VAT at 3.3% protein and 3.6% fat for March milk.

Glanbia announced a price of 32.36c/l.

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The Munster Dairy Producer Organisation (MDPO) has had its PO status recognised.

Overall, including a milk contract payment of 1.9c/l on qualifying milk volumes, Kerry is paying a price of 39c/l, excluding VAT.

Following nearly a year and a half of consideration, any idea of a dairy cow reduction or exit scheme has been taken off the table.

Tirlán’s base price for March is 37.7c/l, excluding VAT, based on standard constituents of 3.6% butterfat and 3.3% protein.