Figures from Glanbia show producers in Laois received €87m.
The sale of milk added brought €106m into the midlands economy last year.
Figures from Glanbia show producers received €87m in Laois, €12m in Offaly and €7m in Westmeath.
The average price paid by the company was 35 cent per litre.
Glanbia CEO, Jim Bergin, said:
"Keeping milk on the shelves throughout the past year has been exceptionally challenging and tremendous credit goes to everyone who played their part.
“Milk volumes in 2020 increased by 4.9% on a like-for-like basis and the Group paid over €1.083 billion to milk suppliers, an increase of 3.8% on 2019. This represents a significant source of income for farm families, for our rural and regional economies and highlights the impact of dairy farming on villages and towns throughout rural Ireland where our suppliers live, work and spend their farm income.
“Investment in our digital platforms paid dividends. Our agri and gardening input business, Glanbia Connect, and a new business-to-business ingredients trading platform, Glanbia Direct. Each recorded significant growth. Customers really turned to trusted brands during the pandemic and this helped boost revenue.
“We have rallied in the face of adverse global as well as domestic conditions, with substantial growth in sales of UHT milk and cream into South East Asia. The Truly Grass Fed brand continues to be well-received in the US marketplace with good momentum building as distribution grows,”
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