The board of Aurivo has decided to increase the January milk price in the Republic of Ireland by 0.5c/l.

Suppliers will receive 30.42c/l ex-VAT inclusive of standard bonuses at 3.3% protein and 3.6% fat.

This converts to the equivalent of 33.27c/l ex-VAT at EU standard constituents 3.4% protein and 4.2% fat.

In respect of quarter one 2020, the board also announced that Aurivo will pay a 0.95c/l ex-VAT bonus for all milk supplied in January, February, and March 2020.

In Northern Ireland, Aurivo has also increased the price of January milk by 0.5p/l to 27p/l and announced a payment of a 0.75p/l bonus for all milk supplied in January, February and March 2020.