Lakeland Dairies has reduced its base price for milk supplied in February by 0.95c/l to 46.38c/l, excluding VAT.All suppliers will automatically receive a 1.9c/l, excluding VAT, early calving bonus, bringing the February price to 48.28c/l, excluding VAT. Meanwhile, qualifying farmers will also receive a 4.7c/l, excluding VAT, out-of-season payment.
Lakeland Dairies has reduced its base price for milk supplied in February by 0.95c/l to 46.38c/l, excluding VAT.
All suppliers will automatically receive a 1.9c/l, excluding VAT, early calving bonus, bringing the February price to 48.28c/l, excluding VAT. Meanwhile, qualifying farmers will also receive a 4.7c/l, excluding VAT, out-of-season payment.
In Northern Ireland, a base price of 39.8p/l will be paid for milk supplied in February. The 3p/l out-of-season payment will be made on top of the base price.
A spokesperson for Lakeland Dairies has said that global dairy market demand has been more subdued in recent weeks after a period of general stability.
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