Milk prices continue to rise of Lakeland Dairies suppliers
After breaking the 40cent/litre barrier last month, the Board of Lakeland Dairies has again added another cent per litre for their milk suppliers.
In the Republic of Ireland, Lakeland has increased is now paying 41 cent/litre inclusive of lactose bonus and VAT, for milk at 3.6% fat and 3.3% protein.
In Northern Ireland, Lakeland Dairies has increased its milk price by 0.8 p/litre to 32.7p/litre.
A spokesperson for the co-op said: "There is a general stability at present in global dairy markets with a balance in supply and demand, positive trends in dairy commodities and improvements in consumer sentiment as economies continue their reopening."