Following on from Glanbia and Lakeland , the Kerry Group has also decided to increase its milk price by 1c/litre.
Kerry will pay 24.7c/l excluding VAT on all manufacturing milk supplied in September. The price is paid at 3.3% protein and 3.6% butterfat.
Kerry had increased its August milk price by 2.5c/l bringing it in line with other co-ops. It had been lagging behind other large co-ops on price.
The Irish Farmers Journal calculates milk price excluding VAT.
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