Tirlán October milk price 33.08 cpl
Tirlán will pay a total of 33.08 cent per litre (cpl) (including VAT) for October creamery milk supplies at 3.6% butterfat and 3.3% protein.
The October milk price of 33.08 cpl (including VAT) is unchanged from September and consists of the following:
- Base milk price of 32.58 cpl (including VAT);
- Sustainability Action Payment of 0.5 cpl (including VAT) to all qualifying suppliers. Suppliers are encouraged to register their sustainability actions now on the Tirlán FarmLife website to secure the 0.5cpl for 2024.
The base price and Sustainability Action Payment will be adjusted to reflect the actual constituents of milk delivered by suppliers.
The Tirlán total price for October creamery milk, based on LTO constituents of 4.2% butterfat and 3.4% protein, is 36.00 cpl (including VAT).
Tirlán Chairperson John Murphy said: “We welcome the improvement in the dairy commodity markets in recent weeks, and it is good to see the lift as we move towards 2024. Buyers remain cautious in the current environment given the geo-political issues and cost of living pressures facing consumers. The Board will continue to review developments on a monthly basis.”
Seasonality payments will apply over the winter months of December, January and February. A Seasonality Bonus payment of 4 cpl (including VAT) will be paid on all non-contracted milk volumes supplied during December that meet quality criteria.
First Published 16 November 2023