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The co-op blamed difficult global market conditions for the cut

Irish co-op Lakeland Dairies has cut its March milk price by 2.5c/L, but says that it will balance this a payment to support its farmers, who have been hit by bad weather and a fodder crisis.

In a statement, Killeshandra-based co-op said: “Since late 2017, global market conditions have become very difficult – with a significant drop in the returns available across various product categories and most notably skim milk powders.

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Co-operative News - Global Hub

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