Lakeland Dairies has set its July milk price. \ Philip Doyle
ADVERTISEMENT
Lakeland Dairies has set its July milk price at 33.81c/l, excluding VAT.
The processor’s price for July milk supplied represents a reduction of 1.85c/l on its June price.
Lakelands suppliers will receive July’s milk price at 3.6% butterfat and 3.3% protein.
ADVERTISEMENT
“The Lakeland Dairies board has decided on a price for milk supplied in July which represents market conditions,” a spokesperson said.
Northern Ireland
In Northern Ireland, Lakelands will pay a base price of 28.5p/l for milk supplied in July. This represents a reduction of 1.5p/l on the June price.
“Global demand for dairy products remains sluggish. This weak demand is being met by resilient milk supplies in many of the larger production areas, resulting in a continued imbalance between supply and demand.
“Subdued sentiment from international buyers is being heightened by an economic slowdown in many parts of the world, particularly China and Asia.
"Lakeland Dairies continues to closely monitor the markets in order to return the best possible milk price for our 3,200 farm families,” the spokesperson said.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
Lakeland Dairies has set its July milk price at 33.81c/l, excluding VAT.
The processor’s price for July milk supplied represents a reduction of 1.85c/l on its June price.
Lakelands suppliers will receive July’s milk price at 3.6% butterfat and 3.3% protein.
“The Lakeland Dairies board has decided on a price for milk supplied in July which represents market conditions,” a spokesperson said.
Northern Ireland
In Northern Ireland, Lakelands will pay a base price of 28.5p/l for milk supplied in July. This represents a reduction of 1.5p/l on the June price.
“Global demand for dairy products remains sluggish. This weak demand is being met by resilient milk supplies in many of the larger production areas, resulting in a continued imbalance between supply and demand.
“Subdued sentiment from international buyers is being heightened by an economic slowdown in many parts of the world, particularly China and Asia.
"Lakeland Dairies continues to closely monitor the markets in order to return the best possible milk price for our 3,200 farm families,” the spokesperson said.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS