Arrabawn to pay top milk price

Arrabawn Co-op claims its five-year programme has delivered solid foundations for its post-quota growth plans, highlighting its 60% rise in operating profits to €4.4m for 2014.

The Tipperary-based co-op has paid €15.7m over the past five years to fund operations. It predicts it will continue to produce more value-added products this year, and give its suppliers one of the most competitive milk prices in the country. Arrabawn’s average milk price for 2014 was 38.27c/ltr. It processed 310m litres of milk in 2014, an 8% increase on the previous year.

Arrabawn CEO Conor Ryan said: “Five years ago, we acknowledged the end of quota in 2015 and put an investment programme in place to ensure we had capacity for suppliers and a plant that delivered efficiencies and a more competitive milk price.