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For a period of 30 months from 1 August, Aurivo suppliers will be able to lock up to 10% of their milk at a price of 28.25c/litre (including VAT).
Farmers must be signed up to Aurivo’s milk supply agreement and must be in the Bord Bia sustainable dairy assurance scheme. Being part of the Bord Bia scheme is mandatory for all dairy farmers.
No additional charges
According to Aurivo, there are “no administration or cartage charges applicable” to the FMPS.
A fixed milk price scheme is also being offered to Aurivo’s suppliers in Northern Ireland (NI). However, NI farmers must sign a “supply agreement for the duration of the scheme”.
Between Monday 23 May and Wednesday 25 May, Aurivo will host 10 regional meetings where the co-op will inform its suppliers on details on the scheme. Eoghan Sweeney, who is the general manager of Aurivo’s Dairy Ingredients and Consumer Foods division, launched the FMPS this Monday.
An Aurivo supplier interested in partaking in the scheme must apply by 20 June and “suppliers who are included in the 2016 FMPS will also get preferential access to future FMP schemes,” the co-op said.
Aurivo has a milk pool of approximately 350m litres.
Last week, the Irish Farmers Journal exclusively revealed that Lakeland launched its fixed milk price scheme, joining Glanbia, Dairygold and Carbery in announcing similar schemes in recent months.
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