Germany: ife data

In Germany in April compared to March the raw material or compound value of milk at farm decreased 0.3 eurocent to 30.6 eurocent per kilogram milk with 4.0 percent fat and 3.4 percent protein (exclusive VAT). This is 0.1 eurocent more than in the same month last year. The highest future price of milk for the next 18 months on the Kieler Börsenmilchwert European Energy Exchange is the price for March 2020 until May 2020 and July 2020 until November 2020 at 36.5 eurocent. The lowest future price is the price for May 2019 at 33.2 and June 2019 at 24.2 eurocent. www.ife-ev.de

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