Carbery has announced their milk price for the month of August.

If this decision is replicated across the four West Cork co-ops; Bandon, Barryroe, Drinagh and Lisavaird, this will result in an average milk price of 48.41cpl, inclusive of VAT, 0.5cpl SCC bonus and FutureProof sustainability bonus.

This is a reduction of 1.5cpl from July.

A spokesperson for Carbery said: ‘Driven by an increase in global supply combined with weakening consumer sentiment, dairy markets have taken a sharp turn downwards, with butter and cheese prices particularly impacted. The outlook for global dairy markets continues to be challenging and the Carbery board will assess the impact on a month-by-month basis. We will combine this with optimising business performance and tightly managing operating costs to ensure we can deliver the best value possible from the market for our shareholders.’

*The base milk price adjustment, SCC and FutureProof bonus figures above are quoted excluding VAT. Please note the FutureProof bonus available for 2025 has increased by 0.25cpl to a total of 1.25cpl.