Dairy farmers have been met with price cuts of between 3c/l and 4c/l for last month’s milk.

Lakeland Dairies suppliers were first to find out that October’s milk price was going to be well down on September, with a 3.81c/l, excluding VAT, cut applied to its base price.

The cross-border co-op is paying a base price of 37.82c/l, excluding VAT, on October supplies in addition to a 0.5c/l sustainability payment.

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Kerry Dairy Ireland announced a cut of 3.35c/l, excluding VAT, for October supplies, setting a base milk price of 36.65c/l, excluding VAT.

However, when quality and sustainability bonuses are added in, the overall price increases to 39.01c/l, excluding VAT.

Dairygold announced a 3.09c/l reduction to its base milk price, bringing it down to 34.76c/l, excluding VAT.

An additional 1.47c/l in sustainability and quality payments will be paid to eligible suppliers.

Tirlán followed suit on Tuesday and its cut base price by 3.81c/l, excluding VAT, for October supplies, paying 35.75c/l, excluding VAT.

Tirlán will pay a 0.47c/l, excluding VAT, sustainability action payment on top of the base price.

Meanwhile, the board of Arrabawn Tipperary Co-op approved a price reduction of 3.33c/l, excluding VAT, bringing base price back to 37.71c/l, excluding VAT. Qualifying suppliers will receive an additional 0.75c/l sustainability payment.

Carbery also moved to cut base price by 3.5c/l, excluding VAT. However, at 38.81c/l, excluding VAT for last month’s supplies, Carbery is still well ahead of other co-ops in terms of price.

A 0.5c/l somatic cell count bonus and 1.25c/l ‘FutureProof’ sustainability bonus will be paid on top of the base price also.