In Germany in February compared to January 2022 the raw material or compound value of milk at farm increased 2.0 eurocent to 56.3 eurocent per kilogram milk with 4.0 percent fat and 3.4 percent protein (exclusive VAT). This is 23.4 eurocent more than in the same month one year before. The highest future price of milk for the next 18 months on the Kieler Börsenmilchwert European Energy Exchange is the price for May 2022 at 63.7 eurocent. The lowest future price is the price for September 2023 at 57.8 eurocent.