Kerry Group has announced its milk price for August 2021.
Kerry milk price August 2021:
In a statement to That’s Farming, a spokesperson for the milk processor said:
“Our Kerry Group base price for August milk supplies is 35c/L incl VAT at 3.30% Prot/3.60% Bfat and 38.44c/L incl VAT at EU standard constituents 3.40% Prot/4.20% Bfat.”
“Based on Kerry’s average milk solids for August, the milk price return inclusive of VAT and bonuses is 38.93c/L.”
July 2021 milk price:
Last month, a spokesperson said:
“Our Kerry Group milk price for July milk supplies is 36c/l (incl VAT) at 3.30% protein, 3.60% butterfat and 39.44c/l incl VAT at EU Standard Constituents 3.40% protein/4.20% butterfat.”
“This includes, in line with our Kerry Group milk contract commitment, an additional 1c/l incl VAT on all milk supplied in July 2021 (excluding milk supplied under fixed-price contracts).”
“Based on Kerry’s average milk solids for July, the milk price return inclusive of VAT and bonuses is 39c/l,” the spokesperson concluded.
August 2021 milk prices:
The processor will pay 35.6c/L (including VAT) for August creamery milk supplies at 3.6% butterfat and 3.3% protein.
Farmer members will also receive a 0.42c/L (including VAT) payment from Glanbia co-op on all milk supplied this month as their Share of GI Profit.
The Glanbia milk price for August creamery milk, based on LTO constituents of 4.2% butterfat and 3.4% protein, is 38.73c/L.
The board of Lakeland Dairies confirmed an increase in the co-operative’s milk price for the month in question.
In a statement on Monday, September 13th, 2021, a spokesperson for the milk processor said:
- ROI: The processor has increased its base milk price by 0.5c/ to 36.5c/L, including VAT, for milk at 3.6% fat and 3.3% protein.
- NI: Lakeland Dairies has increased its milk price for August by 0.3p/litre to 29.5p/litre.
Milk price updates in Ireland
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