Lakeland raises milk price to 37 cents per litre

Recognising the very difficult conditions currently faced by dairy farmers, Lakeland Dairies has increased its milk price by 1.72 cents per litre to 37 cents per litre, including lactose bonus and the IDB hardship payment.

Recognising the very difficult conditions currently faced by dairy farmers, Lakeland Dairies has increased its milk price by 1.72 cents per litre to 37 cents per litre, including lactose bonus and the IDB hardship payment.

Lakeland Dairies Chief Executive, Michael Haney said, “The milk price increase also reflects currently improved market conditions and it is Lakeland policy to pay the maximum milk price to our producers that market conditions will allow. Dairy farmers remain under severe pressure due to poor weather, low grass growth and the fodder shortage and we are supporting them as much as possible including continuing fodder imports.”