With Lakeland Dairies paying from the highest base price in December, it is no surprise that the co-op leads our monthly analysis for a dairy farmer producing 1m litres annually as shown in Table B.

Across all processors, base milk prices averaged 49.03p/l for December, an increase of 16p/l on the corresponding price recorded in December 2021. The prices published are calculated across three different levels of butterfat and protein, which are outlined in Table 1 on the opposite page.