Milk price rises across the board for January

Declining global milk supply is the primary driver of rising milk prices

Market watchers say declining global milk supply is the primary driver of rising milk prices. Picture: Andy Gibson

Lakeland Dairies kicked off the January milk price bidding with a one cent per litre increase.

The co-op will pay 41c per litre inclusive of lactose bonus and Vat, for milk at 3.6% fat and 3.3% protein.