# Tirlán profits down 5% amid market challenges

> Irish dairy and grain co-operative Tirlán reported 2023 turnover down 17% to €2.53bn and operating profit down 5% to €68.3m. Average milk prices fell from 63 to 44 cents per litre and green feed barley fell from €310 to €205 per tonne.

- Date: 2024-04-30 · published 2024-04-30T12:00:00.000Z
- Category: report · region Europe · magnitude low
- Page: https://feedsoft.ai/events/30796-tirlan-profits-down-5-amid-market-challenges
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

The results are backward-looking and reflect lower 2023 milk and barley prices already in the market. They offer little new signal for feed price direction.

## Read by commodity

- MILK: neutral
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2020-03-10 | [Mielke: Benchmark price down 5 cents \| Capital Press](https://feedsoft.ai/events/54153-mielke-benchmark-price-down-5-cents-capital-press.md) | +0.4% | -14.8% |
| MILK | 2023-06-14 | [May dairy market review \| AHDB](https://feedsoft.ai/events/35493-may-dairy-market-review-ahdb.md) | -0.9% | -8.3% |
| MILK | 2024-05-01 | [Dairy Market Update April 2024 \| MCT Dairies, Inc.](https://feedsoft.ai/events/4267-dairy-market-update-april-2024-mct-dairies-inc.md) | +18.1% | +19.5% |
| MILK | 2021-11-10 | [Monthly Dairy Comments by: Andrew P. Griffith, Livestock Marketing Specialist - Dairy Producer](https://feedsoft.ai/events/44063-monthly-dairy-comments-by-andrew-p-griffith-livestock-marketing-specialist.md) | -0.8% | +2.7% |
| MILK | 2018-09-12 | [Mielke Market: Milk price up to $14.95 \| News \| lyndentribune.com](https://feedsoft.ai/events/63187-mielke-market-milk-price-up-to-14-95-news-lyndentribune-com.md) | +0.1% | -1.9% |

## Sources

- businessplus.ie: https://businessplus.ie/news/tirlan-profits-5pc/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.