Lakeland confirms reduced price for July milk supplies

Lakeland is the first processor to announce its price for July milk.

A spokesperson for Lakeland said that global demand for dairy products "remains sluggish". 

Lakeland Dairies has confirmed a reduced milk price for July supplies.

It said that the board has "decided on a price which represents market conditions", of 35.5c per litre (3.6% butterfat and 3.3% protein) in the Republic of Ireland.