The Ornua purchase price index (PPI) for the month of July is 140.8, unchanged from the previous month.

Ornua’s estimate of member co-ops' processing costs was 8.57c/l, excluding VAT, in July, up from 8.19c/l, excluding VAT, in June.

After deducting estimated processing costs, Ornua’s PPI implies an indicative return of 39.14c/l.

The results, according to Ornua, reflect stable market returns and increased processing costs throughout the month of July.