According to the publication Farmers Journal, the Irish cooperative Lakeland Dairies has offered its suppliers a fixed price for a portion of their milk for the 2026–2027 period, against a backdrop of market volatility.
Fixed price for 2026–2027
Farmers have the option to lock in 5% or 10% of their monthly supply volume (based on 2025 figures).
Suggested price levels:
- April–September 2026 — 36.36 cents/litre (excluding VAT)
- October 2026 – March 2027 — 38.27 cents/litre (excluding VAT)
The price includes a sustainability surcharge of 0.48 cents per litre.
At the same time, the recorded volumes remain eligible for seasonal bonuses.
Current price and market situation
For February, Lakeland Dairies has kept the base price at 31.81 cents per litre (excluding VAT), including the consistency bonus.
The company notes that dairy markets are showing signs of recovery, despite high global production volumes.
“The dairy markets continue to show signs of recovery, despite the fact that global milk production remains high,” the cooperative reported.
Geopolitics and uncertainty
Lakeland also highlights the impact of geopolitical factors.
“The latest geopolitical conflict will affect both supply and demand. The full extent of this will become clear in the coming weeks and months,” the company notes.
The cooperative emphasises that it will continue to adjust its pricing policy in line with market conditions, striving to secure the best possible price for farmers.
The euro to hryvnia exchange rate as of March 28, 2026, is 50.6104, according to the National Bank of Ukraine.
Source: farmers journal
