Tirlán September milk price 33.08cpl

Tirlán will pay a total of 33.08 cent per litre (cpl) (including VAT) for September creamery milk supplies at 3.6% butterfat and 3.3% protein.

The September milk price of 33.08 cpl (including VAT) is unchanged from August 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.

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 September 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: “There has been a welcome improvement in market sentiment in recent weeks, but customers remain cautious in their buying activity. There are signs that consumer inflation is easing, however, recent developments in the Middle East have added further uncertainty to the economic outlook. Global milk production is reasonably flat, but in Ireland high farm production costs and in particular adverse weather have led to an earlier than normal fall-off in milk supplies. The Board will continue to review developments on a monthly basis.”

First Published 19 October 2023