A July base milk price of 34.1c/l excluding VAT has been set by Lakeland Dairies for milk supplied at 3.6% fat and 3.3% protein.

This is the same price that the board of the co-operative had set for the previous two months.

The move comes as the last Global Dairy Trade (GDT) event slipped slightly, leaving some farmers unsure of dairy co-ops' intentions on July milk prices.