Michael Hanley, chief executive, Lakeland, says new milk-pricing system will address co-op’s decision to limit processing capacity as well as the environmental impact of milk production. Picture: Lorraine Teevan
Ireland’s second-largest dairy co-op has moved to introduce financial penalties on dairy farmers who continue to expand their herds beyond 2021. Lakeland Dairies, the farmer-owned dairy co-op based in Co Cavan, confirmed last week that it will introduce a new milk-pricing system to discourage continued growth in milk supply from its farmers during the peak months of the year.Subscribe from just €1 for the first month!
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