Aurivo will pay suppliers 29.4c/l excluding VAT for October milk. This is a decrease of 1c/l on the 30.4c/l excluding VAT suppliers received for September milk.
In a statement an Aurivo spokesperson said: “The average supplier will receive a price of 39.2c/l (including VAT) based on the average supply profile. Markets are considerably weaker and Aurivo will keep its returns and outlook under review.”
Unchanged
To date, Glanbia, Kerry and Lakeland have announced their October milk prices with all three announcing unchanged prices for a fourth month in a row.