Lakeland milk price drops by 6c per litre

Lakeland is the first co-op to announce its price for February milk supplies. 

In the Republic of Ireland, milk price is down by 6c per litre to 46.85c per litre, which includes a 1.5c input support payment.

For the second month in a row, Lakeland Dairies has reduced its milk price by 6c.

A spokesperson confirmed on Monday that the Lakeland board has decided to drop the co-op's milk price for February, as weaker dairy market conditions continue to have a serious effect on market returns.