Kinisla has set its base milk price at 38.61c/l ex-VAT and including quality and sustainability bonuses for milk supplied in September.

This represents a 0.72c/l ex-VAT increase on the base price for August.

This follows increases of 0.47c/l for August milk and 1.05c/l ex for July supplies.

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Kinisla has said that milk production growth across the major dairy exporting regions continues to slow.

“Demand for dairy protein continues to provide support for milk pricing,” the co-op commented.

Lakeland Dairies also announced an increase in its base milk price for September earlier this week to 38c/l.

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Lakelands increases September milk price as global milk flow slows