Lakeland Dairies to pay 42.9c/l for March milk supplies

Lakeland Dairies milk lorry.

Farming Independent Team

Lakeland Dairies has increased its base milk price for March supplies by 0.5c/l, announced an input support payment of 1c/l and introduced support payment for feed purchases.

A base price of 41.9c/l (3.6% butterfat and 3.3% protein) will be paid for March milk in the Republic of Ireland (ROI). The base price has increased by 0.5c/l and also includes the 0.5c/l Sustainability Incentive Payment. A separate 1c/l Input Support Payment is being paid on top of the base price. This is the second time this year Lakeland Dairies has introduced an Input Support Payment for its suppliers.