Germany: ife-data April/March

In Germany in April compared to March the raw material or compound value of milk at farm decreased 5.1 eurocent to 27.0 eurocent per kilogram milk with 4.0 percent fat and 3.4 percent protein (exclusive VAT). This is 3.6 eurocent less 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 October and November 2021 at 31.7 eurocent. The lowest future price is the price for May 2020 at 25.6 eurocent. www.ife-ev.de

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