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A second fixed milk price scheme has been announced for Aurivo co-op suppliers. The 36-month scheme will allow farmers to opt in for a maximum of 10% of their supply at a base price of 30.5c/l including VAT for the duration of the contract.
The co-op has said that this will translate to a price of 33.25c/l including VAT at the average co-op solids. Last year, the co-op announced its first fixed price scheme, which saw an uptake of almost 30% among its suppliers. The first scheme was for a period of 30 months with a base milk price of 28.25c/l including VAT, where farmers could fix up to 10% of their supply.
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