Kerry Dairy, a major processor in Ireland, raises January milk prices in response to market resilience. Despite a recent drop in European dairy prices, Kerry Dairy remains confident in global demand, supporting local farmers.
Kerry Dairy Ireland, one of the country’s leading dairy processors, has raised its milk prices for January 2025. The company announced that it will pay suppliers 53.5c/L, including VAT, for milk delivered in January. This marks a steady increase from 50c/L in December and 48.5c/L in October. The new price includes a 3c/L top-up and quality bonuses, pushing the EU standard price for milk with 3.4% protein and 4.2% butterfat to 58.5c/L, while the average milk solids return for January stands at 63.2c/L.
Despite a softening in dairy prices in Europe due to easing concerns over a foot-and-mouth outbreak, Kerry Dairy Ireland remains optimistic about the global demand for dairy products, expecting this to continue supporting prices as the peak production season approaches.
In comparison, Lakeland Dairies, another key player in Ireland’s dairy industry, maintained its January base price at 49.75c/L, including VAT. This price includes sustainability incentives and out-of-season payments, which boost farmer returns. Suppliers in Northern Ireland will receive 40.8p/L, with additional seasonal payments.
The sustained price increases by major Irish dairy processors like Kerry highlight the resilience of Ireland’s dairy industry. This comes at a time when the industry faces global market complexities and regulatory changes but continues to support local farmers through consistent price rises.
About Kerry Dairy Ireland:
Kerry Dairy Ireland, part of Kerry Group, is one of Ireland’s leading dairy processors, known for its strong commitment to quality and sustainability. The company processes a wide range of dairy products and is a significant player in both the Irish and global dairy markets.
