Lakeland Dairies has told its suppliers that it is allowing farmers to fix a proportion of milk price for part of 2026 and 2027.

The fixed price for April 2026 to September 2026 is 36.36c/l, excluding VAT, with a 38.27c/l payment, excluding VAT, from October 2026 to March 2027. These prices include a 0.48c/l sustainability payment, excluding VAT.

The scheme will allow suppliers to fix either 5% or 10% of monthly supply, based on 2025’s monthly litres.

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The co-op has ensured that any fixed litres will still be eligible for out of season payments.

The scheme is available through supplier’s online self-service until 4pm on Friday 27 March.

Milk price

Lakeland held its February milk price at 31.81c/l, excluding VAT, inclusive of its 0.48c/l sustainability payment, excluding VAT.

“Dairy markets continue to show signs of recovery, despite global milk flows remaining strong. The latest geopolitical conflict will impact both supply and demand. The extent of this will become clear in the coming weeks and months.

“Lakeland Dairies will continue to monitor the markets and will endeavour to support our farmers with the best milk price possible in line with market conditions,” a spokesperson said.