
Irish processor Kinisla has set its suppliers' base October milk price at 38.61c/l excluding VAT, holding September's level, and says suppliers will receive 50.44c/l at average October milk pool solids. The decision follows Lakeland Dairies, which also kept its October price unchanged from September.
Holding prices flat signals that butter prices are under pressure while protein markets remain firm, limiting upside for milk-based feed demand and dairy byproducts in Ireland. Energy costs are also cited as a significant factor for processors.
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