Removal of Peak Milk restrictions
Tirlán has confirmed that Peak Milk supply restrictions will not apply for 2023 or 2024.
The Peak Milk policy was originally brought in as a temporary measure due to delays in the planning approval process for the Kilkenny Cheese processing facility at Belview. The Peak Management Policy was originally applied across the months of April, May and June in 2022, 2023 and 2024.
The Board has now confirmed that the Peak Milk policy will no longer apply following an overall drop-off in milk growth due to a number of factors and additional processing capacity coming on stream.
Earlier this year, the Board moved to remove restrictions for 2022. It was confirmed that no penalties would be applied to milk suppliers that exceeded their Peak Milk supply in 2022.
Milk volumes reduced this year and investments in facilities means that the organisation was able to handle any additional milk volumes this year compared to last year. This is combined with the Kilkenny Cheese joint venture which is now on track to commence cheese production early in 2024.
The Board and management made all announcements in relation to peak milk policy as soon as there was visibility of peak supply.
First Published 20 September 2022