Tirlán has cut its base milk price for July supplies by 0.47c/l, excluding VAT.

In June, Tirlán paid a base price of 46.22c/l and announced this Tuesday that it's paying farmers 45.75c/l for July supplies, both prices excluding VAT.

The co-op is continuing to pay its sustainability action payment of 0.47c/l, excluding VAT, to all qualifying suppliers for July.

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Tirlán chair John Murphy said that the co-op's farm gate price required some adjustment this month to move closer to market returns.

"Markets are in the quiet holiday period and prices are generally stable ahead of the resumption of seasonal buying activity. The recent announcement on EU-US tariffs should bring some clarity for buyers after a period of uncertainty," Murphy said.

Tirlán, he added, continues to focus on delivering value to members through milk price but also through additional distributions of value. Distributions of value this year to date include:

  • Over €3.2m was paid out in February to milk supplier members who qualified for the 2024 trading bonus.

  • Over 2,100 Tirlán milk suppliers received a trading bonus payment of 0.25 cpl or an average of almost €1,500 per supplier.
  • In June, c.€3.5m in share interest (dividends) or 23.06c/l share was paid to milk supplier members. The average Tirlán milk supplier shareholder received a Share Interest payment of €800.
  • A total of €3.1m was paid to 2,700 milk suppliers in June for the 2025 dairy trading bonus scheme (€30/t on dairy feed and €60/t on calf milk replacer).
  • In June Tirlán completed the spin-out of 15 million Glanbia plc shares worth approximately €215* million to co-op members.

    • Co-op members with queries on their PLC holdings should contact Computershare on (01) 247 5349.