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Ornua raised its monthly Purchase Price Index to 144.8 for October 2026, up from 135.8 in September. The index implies an indicative return of 39.13 cents per litre for October milk, and estimated processing costs rose to 10.5 cents per litre from 10 cents.
A higher PPI signals stronger product returns for Irish milk processors, which can support milk output and dairy feed demand in Europe. The effect on feed-commodity prices is modest.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.