In Germany in December 2019 compared to November 2019 the raw material or compound value of milk at farm increased 0.4 eurocent to 36.1 eurocent per kilogram milk with 4.0 percent fat and 3.4 percent protein (exclusive VAT). This is 5.4 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 April till July 2021 at 37.8 eurocent. The lowest future price is the price for January 2020 at 35.9 eurocent. www.ife-ev.de