Tirlán has announced a 3.81c/l, excluding VAT, cut in base milk price for October supplies.
Tirlán will pay a base milk price of 35.75c/l, excluding VAT, for the month for October creamery milk supplied at 3.6% butterfat and 3.3% protein.
Tirlán will pay a 0.47c/l, excluding VAT, sustainability action payment on top of the base price.
The base price and sustainability action payment will be adjusted to reflect the actual constituents of milk delivered by suppliers.
Sharp reductions
Tirlán chair John Murphy said: “The sharp reductions in market returns since mid-August require us to continue to adjust our farmgate price in order to bring it to the appropriate level.
“We fully appreciate the concern the rapid market downturn is causing for our farm families and will continue to work to mitigate the impact in so far as is possible.
“We are particularly conscious of our liquid milk suppliers and our autumn calving scheme members, as well as all other farmers who supply valuable fresh milk over the winter period,” he said.
Seasonality payments
Unconditional seasonality bonus payments apply over the winter months of December, January and February on all non-contracted milk volumes that meet quality criteria.
The payment rates for qualified milk volumes are 5c/l for December, 7c/l for January and 5c/l for February. Unconditional seasonality bonus payments will be adjusted to reflect the actual constituents of the milk delivered.
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