Lakeland withdraws its peak milk supply management scheme indefinitely

All existing milk procurement arrangements will therefore remain unchanged and will continue as they are now and into 2023 and onwards.

Lakeland Dairies has announced the withdrawal of its peak milk management scheme for new milk.

In a statement on Wednesday, the co-op said that this follows a comprehensive review of current and updated forecast milk supplies, existing processing capacity utilisation and increased investment, as well as evolving legislation.