January milk prices have been confirmed by Dairygold, Tirlán, and the Carbery Group.
Dairygold has maintained the January quoted milk price at 50.0cpl based on standard constituents of 3.3% protein and 3.6% butterfat, inclusive of Vat and the sustainability and quality bonuses.
A January early calving bonus of 7.36cpl, including Vat, will also be paid on milk supplied in January under the milk quality criteria. This will increase the attainable Dairygold milk price to 57.36cpl at standard constituents.
Carbery has also decided to maintain its base milk price for January. This will result in an average milk price of 53.57cpl, inclusive of Vat, if this decision is carried out throughout their West Cork co-ops.
A somatic cell count bonus of 0.88cpl and a FutureProof sustainability bonus of 1.25cpl, excluding Vat, are also available for suppliers.
A spokesperson for Carbery said: “Stability of dairy markets is continuing for the start of 2025, and we will continue to monitor markets closely to maximise returns for our shareholders.”
Tirlán has confirmed it will pay 58.08cpl, including Vat, at 3.6% butterfat and 3.3% protein to its suppliers. This price includes the seasonality payment of 7cpl, including Vat, on top of its maintained base milk price of 50.58cpl, which has remained unchanged since December.
The seasonality payment will apply to all milk that is supplied during January and that meets quality criteria. This payment also applies to non-contracted volumes from autumn calving and liquid milk scheme members.
A sustainability action payment of 0.5cpl, including Vat, will also be applied for all qualifying suppliers. The Tirlán actual average price for January milk, based on delivered constituents and including seasonality, will be 67.53cpl.
“Dairy market returns are relatively stable as we enter the crucial period when European milk supply volumes ramp up through the spring. The board will continue to monitor the dairy market on a monthly basis,” said Tirlán chairman John Murphy.
