Aurivo has today (Wednesday, June 21) announced its milk price for May supplies as set by the processor's board.

The board of Aurivo set its milk price at 37.6c/L, inclusive of standard bonuses and VAT.

This converts to the equivalent of 40.98c/L at EU standard constituents of 3.4% protein and 4.2% butterfat, Aurivo said.

Meanwhile, Carbery announced that it held its base milk price for May and that it will pay an average price to suppliers of 41.25c/L.

Last week Tirlán confirmed that it will pay a total of 40.08c/L including VAT, for May creamery milk supplies.

Arrabawn’s average milk price for May supplies, inclusive of VAT and bonuses is 41.47 c/L, the processor said.

Dairygold will offer a quoted milk price for May of 40c/L, based on standard constituents of 3.3% protein and 3.6% butterfat, inclusive of sustainability and quality bonuses, and VAT.

Kerry Group will pay its suppliers a base milk price of 37c/L, including VAT, for milk at 3.3% protein and 3.6% butterfat supplied in May.

In the Republic of Ireland (ROI) Lakeland Dairies has held the base price of milk for May at 37.35c/L including VAT, for milk at 3.6% fat and 3.3% protein.

In other dairy news, the Global Dairy Trade (GDT) index has shown no percentage change after the latest trading event where 20,372MT of product was sold at an average price of $3,479/MT.

The index for butter increased by 5.5% to a price of $5,379/MT, while the index for anhydrous milk fat (AMF) rose by just 0.5% to $ 4,758/MT.

The cheddar sub-index slid by 3.3% for an average price of $4,533/MT, while the skim milk powder (SMP) sub-index fell by 2.3%, reflecting an average price of $2,667/MT.

Whole milk powder (WMP) recorded no percentage change in its sub-index, with an average price of $3,172/MT at the latest trading event.