The Ornua purchase price index (PPI) for the month of August is 144.7, up from the previous month at 140.8.

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. Meanwhile, there was a 0.4% fall in dairy prices at the Global Dairy Trade auction. Lactose, butter and whole milk powder prices all fell.