The Ornua purchase price index (PPI) for the month of August is 144.7, up from the previous month at 140.8.
Ornua’s estimate of member co-ops' processing costs was 8.59c/l, excluding VAT, for August, staying unchanged from July.
After deducting estimated processing costs, Ornua’s PPI implies an indicative return of 40.56c/l, excluding VAT.
The results, according to Ornua, reflect increased market returns throughout the month of August.