Lakeland Dairies has introduced a 1c/L milk worth rise for the co-operative’s March provides.
n an announcement it the processor stated that within the Republic of Eire a base worth of 34.34c/L(together with VAT / Lactose) can be paid for milk provided final month – this is a rise of 1c/L on February provides. A particular unconditional Lakeland Bonus of 1c/L (plus VAT) will even be paid on all March milk.
In Northern Eire, a base worth of 28p/L can be paid for March milk – this marks a rise of 0.75p/L on February provides. As well as, a particular unconditional Lakeland Bonus of 1p/L will even be paid for all March milk.
Lakeland Dairies commented that international milk provide and demand tendencies are delicately balanced as we enter the height milk manufacturing season in Eire and Europe.
“In the principle, commodity costs have settled with basic stability available in the market.
“Outcomes for the remainder of the 12 months will rely significantly on the success of ongoing vaccination programmes and the reopening of economies world wide, mixed with milk provide remaining according to projections and persevering with secure demand for dairy merchandise.
“Lakeland Dairies will proceed to watch the market intently within the coming weeks,” the co-op concluded.
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