Kerry milk suppliers will be able to apply to the third Kerry Agribusiness forward milk price scheme next Thursday 25 October. The scheme will open at 2pm on Thursday and close at 2pm on Friday 26 October.

The indicative price is 31.40c/l (excluding VAT) for milk supplied at 3.3% protein and 3.6% butterfat. It applies to supplies from March to October 2019.

The maximum volume that can be applied for is up to 20% of a supplier's annual contracted milk supply. The forward price on offer will be confirmed on Thursday next.

Suppliers must be registered for Kerry Agribusiness online services to take part in the scheme.

In the first round of the scheme, some 634 suppliers applied to the scheme.

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