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Ireland 13.12.2023

Lakeland Dairies boosts november milk price amidst positive market signals

Source: The DairyNews
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Lakeland Dairies has announced an increase in its milk price for November supplies, reflecting improving sentiment in global dairy markets.
Lakeland Dairies boosts november milk price amidst positive market signals

In the Republic of Ireland, a base price of 36c/litre (3.6% butterfat and 3.3% protein) will be paid, marking a 2c/litre increase. Additionally, qualifying farmers will receive a 3c/litre out-of-season payment.

In Northern Ireland, the base price for November milk is set at 29.25p/litre, with an increase of 2p/litre and the usual out-of-season payment of 3p/litre. This move follows a challenging year in the dairy industry, and Lakeland Dairies will continue monitoring market dynamics closely.

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