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The price for standard constituents is including quality and sustainability bonuses and marks the third successive fall in the milk price at the co-op, down 0.95c/l compared with March.
A spokesperson for Lakeland Dairies said: “The global dairy markets remain relatively stable at present despite geopolitical tensions and uncertainty over the global economic performance."
This 8.1% increase - compared with March 2024 - has also brought total milk intake for the first quarter of 2025 4%, or 50m litres, higher than the first three months of last year at 1.31bn litres.
This figure is down from 159.6 the previous month and also below the February index of 161.9, which Ornua said reflects weaker market returns in the month.
The figure, based on constituents of 3.3% protein and 3.6% butterfat, is unchanged from the price set at the start of the 2025 and is inclusive of a 1.47c/l sustainability and quality payment.
The latest CSO milk statistics report showed that milk processors and co-ops took in 327.7m litres in February 2025, a 6.9% decrease compared with the same month last year.