Lakeland Dairies hold milk price for June milk supplies

Wednesday, 11th July, 2018 1:13pm

Lakeland Dairies has held the base milk price at 31.78 cents per litre including VAT for June milk supplies.

The June milk price of 31.78 cpl is the same base price that was paid in May.

A spokesperson for the co-op said of the price: "This is consistent with Lakeland Dairies’ commitment to pay our suppliers the highest possible milk price in line with market conditions which remain challenging.

There has been a softening in skim markets, which have risen only gradually from a record low, and while butter returns which are underpinning current prices, they have softened in the past month.

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