Arrabawn Co-op has reported a €2.1m operating profit for 2015, a year when it processed record milk volumes for its 102-year history, with 353m litres handled, up 46m litres on 2014.

Arrabawn Group will pay wholesale market prices for natural gas, having signed a €2m gas supply deal with Vayu Energy.

Dairygold is to offer a number of former milk suppliers an incremental annualised repayment of their shareholding.

Cashing in the shares of defecting suppliers would cost Dairygold less than €1m, says one farmer who now supplies Arrabawn co-op.

The country’s co-ops have been urged to arrest the fall in milk prices caused by the downturn in global dairy markets.

Milk trucks from Tipperary dairy co-op Arrabawn have made their first collections from 12 ex-Dairygold suppliers in Kilcorney, Co Cork.

Some of the country’s biggest carbon polluters arestill failing to rein in their greenhouse gas output as Ireland prepares to back plans to hike the cost of excess emissions.

Strong sales growth in the dairy and agri trading divisions, especially in the second half of the year, boosted 2013 turnover at Arrabawn Co-op to a record €220.5m.

Dairy farmers can expect creamery milk prices to stay at around 35c or 38c per litre for the rest of the year, says Arrabawan Co-op chief executive Conor Ryan.

Every March and April, comes the critical debate on milk price, each side either highlighting or discounting global market trends to fit their arguments

Connacht Gold’s year-end milk price projections in the “mid-to-high twenties” could lead to some dairy farmers taking a hit of more than 25% in their present incomes.

Arrabawn is predicting a milk price of 28cpl this year, a projection likely to see other co-ops rapidly follow its 1.95c March price cut to 32.5c per litre.

Dairy co-ops could follow Arrabawn’s lead and cut their milk price in the near future, according to analysts at Bloxham Stockbrokers.

ARRABAWN Co-op, which is headquartered outside Ballinasloe, Co Galway, generated operating profits of €4.24 million before exceptional items last year against €1.26m in 2009.

DAIRY farmers and the Irish co-ops have come up with a joint plan to agree competitive loans with Rabobank, a leading US bank and other overseas lenders.

GLANBIA Dairy Ingredients Ireland yesterday unveiled a voluntary fixed base manufacturing milk pricing scheme, offering members a fixed 28 cent per litre for the next three years.

ARRABAWN DAIRIES will supply Aldi with Irish milk which they say will be up to 30% cheaper than the leading competing Irish brands.

ARRABAWN never faced such tough trading conditions since it commenced business nine years ago as it did in 2009, shareholders were told at the co-op’s annual general meeting in Nenagh, Co Tipperary, yesterday.

ARRABAWN Co-op has agreed in principle to purchase the Dawn Dairies liquid milk business in Galway from Kerry Group for an undisclosed figure.

Arrabawn Co-op has confirmed that it has agreed in principle with Kerry Group to purchase the Dawn Dairies milk business in Galway.

THE former chief executive of Arranbawn Co-op Jimmy Murphy is the 2009 winner of the Irish Co-operative Organisation Society (ICOS) Plunkett Award for co-operative endeavour.

CHEAP milk from Northern Ireland is creating difficulties, the annual general meeting of Arrabawn Co-op was told in Portumna, Co Galway, yesterday.

CO-OPS in Co Cork filled the top six places of the 13 taking part in the 2007 Irish Farmers Journal KPMG Milk Price audit.

ARRABAWN will be one of the few farmers’ co-ops to focus on growth in their agri-trading division during 2008.

ARRABAWN Co-op generated an operating profit of €4.1 million in 2007 against €836,000 in the previous year, the society’s annual general meeting was told in Nenagh, Co Tipperary, yesterday.

ARRABAWN Co-op has reduced its labour costs by 37.5% in five years period — helping the group to a €2.25 million bottom line turnaround.

HIGHER turnover pushed Tipperary’s Arrabawn Co-op into profit last year.

THE 18th Arrabawn Co-Op All-Ireland U16 hurling championship will be held in Tipperary this weekend. Twelve counties will take part with the holders, Galway, bidding for three in a row.

SALES at Arrabawn Co-op increased marginally to €126.8 million in 2004 from €125.7m in 2003, the firm disclosed yesterday.