Lakeland Dairies has set December’s base milk price at 31.82c/l ex VAT with an additional 0.5c/l of a sustainability payment due to qualifying suppliers.
The price represents a 2.87c/l ex VAT reduction on the base price paid in November’s milk cheques.
The co-op also announced that a 0.29c/l ex VAT loyalty top up is to be paid out on all volumes delivered in 2025 to assist suppliers in dealing with “current market challenges”.
This loyalty payment is to be made this Friday, separate to December’s milk cheque bank transfer.
An out of season payment will be paid on qualifying supplies for December too.
The December price reduction follows a cut of 3.81c/l ex VAT to November’s milk cheques.
Suppliers in Northern Ireland are to receive 26.3p/l for December’s milk inclusive of the sustainability payment, which is down 2.5p/l on the previous month.
A loyalty payment will also issue to Northern suppliers at a rate of 0.25p/l on 2025 volumes.
“Unprecedented volumes of surplus milk continue to weigh on global markets following the surge in supply in recent months,” the co-op said when announcing its December milk price.
“This has led to increased inventories, impacting across all dairy commodities. Consumer demand remains behind supply due to global economic uncertainty and cost-of-living pressures.
“This combination continues to put pressure on farm gate prices.”
Lakeland Dairies added that it will “continue to monitor the markets” and will “endeavour to support our farmers with the best milk price possible in line with market conditions
Read more
Lakeland Dairies cut milk prices another 3.81c/l
Ireland inches closer to record milk intake in 2025
Lakeland Dairies has set December’s base milk price at 31.82c/l ex VAT with an additional 0.5c/l of a sustainability payment due to qualifying suppliers.
The price represents a 2.87c/l ex VAT reduction on the base price paid in November’s milk cheques.
The co-op also announced that a 0.29c/l ex VAT loyalty top up is to be paid out on all volumes delivered in 2025 to assist suppliers in dealing with “current market challenges”.
This loyalty payment is to be made this Friday, separate to December’s milk cheque bank transfer.
An out of season payment will be paid on qualifying supplies for December too.
The December price reduction follows a cut of 3.81c/l ex VAT to November’s milk cheques.
Suppliers in Northern Ireland are to receive 26.3p/l for December’s milk inclusive of the sustainability payment, which is down 2.5p/l on the previous month.
A loyalty payment will also issue to Northern suppliers at a rate of 0.25p/l on 2025 volumes.
“Unprecedented volumes of surplus milk continue to weigh on global markets following the surge in supply in recent months,” the co-op said when announcing its December milk price.
“This has led to increased inventories, impacting across all dairy commodities. Consumer demand remains behind supply due to global economic uncertainty and cost-of-living pressures.
“This combination continues to put pressure on farm gate prices.”
Lakeland Dairies added that it will “continue to monitor the markets” and will “endeavour to support our farmers with the best milk price possible in line with market conditions
Read more
Lakeland Dairies cut milk prices another 3.81c/l
Ireland inches closer to record milk intake in 2025
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