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Aurvio has cut its base price for February supplies of milk to 32.25c/l (excluding VAT), down from the base of 33.68c/l paid in January.
When Aurivo’s early calving payment of 1.49c/l (excluding VAT) is added to the base price, the February milk price stands at 33.75c/l (excluding VAT).
The average price paid to Aurivo suppliers in February will be 37.66c/l (excluding VAT), based on the average co-op solids.
The Aurivo base price adjustment is due to continued weakness in dairy markets, particularly powder prices.
Market returns continue to remain significantly behind our current manufacturing milk price.
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