Aurivo co-op has announced an unchanged base milk price of 28.94c/l excluding VAT for milk supplied in June. This follows an increase of 0.5c/l in May.

A weather bonus of 0.5c/l will also be paid in recognition of difficult weather conditions experienced by farmers in recent weeks.

In a statement, the co-op said: "Butter returns have been supporting milk prices in a weak protein market, however ongoing volatility in dairy markets has led to decreases in butter prices over the past five weeks. In this context, Aurivo will continue to pay the maximum milk price that market conditions allow."

Elsewhere

Aurivo joins Dairygold, Kerry and Lakeland in holding prices in recent days. Glanbia is the only processor so far this month to increase its milk price and also introduce a drought support payment.

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