Tirlán will pay a base milk price of 35.96c/l ex-VAT for milk supplied in June.
Additionally, the co-op will pay a sustainability action payment of 0.48c/l ex-VAT to all qualifying suppliers.
In June, Tirlán announced that it had set a three-month price for milk supplied in the months of June, July and August, barring unforeseen events.
Tirlán chair Ger O’Brien has said that the co-op board has received very positive feedback from milk suppliers on the three-month pricing policy first introduced in January.
Dairy markets
“Dairy markets remain under pressure, with weaker butter and cheese returns reflecting strong milk supply across Europe. Protein markets continue to perform relatively well, supported by steady demand, helping to offset some of the weakness in other product categories,” he stated.
“As a farmer-owned co-operative, milk suppliers can be assured that our teams continue to focus on maximising prices in the marketplace and any improvements in market returns, should they arise, will ultimately be returned to our farmers.
“Anticipating the challenges many farm families are facing due to difficult weather conditions, Tirlán moved quickly and introduced a €1.7m weather support package to assist milk suppliers and support them through this challenging period.”
Lakeland Dairies and Kinisla also announced that they will hold milk prices for the month of June earlier this week.
SHARING OPTIONS