IFA Milk Price Analysis for 2024 Ranks 13 Processors

The IFA Milk Price Analysis for 2024 published today provides a barometer to farmers for measuring the dairy co-op performance.

The analysis is comprehensive including all annual top-ups paid on 2024 milk supply and all prices have been verified by each processor.

“It is a key commitment of the IFA Dairy Committee to provide our members with the transparency our co-ops seem reluctant to provide in terms of milk price,” said IFA Dairy Chair Martin McElearney.

“This analysis is an effective comparison between co-ops to demonstrate who paid the most money for milk supplied in 2024.”

The analysis includes a ranking of 13 milk processors in terms of total revenue generated from milk sales in 2024 based on a 500,000L annual supply with average constituents, supplied on a spring milk curve.

“I encourage every dairy co-op board member in the country to study the analysis and interrogate their co-ops performance. It should be the goal of every co-op to be at the top of the ranking each year. Questions need to be asked of co-ops that are consistently in the bottom half of the annual ranking,” he concluded.

The full report is available here.