In Germany in April compared to March 2023 the raw material or compound value of milk at farm decreased 2.3 eurocent to 36.3 eurocent per kilogram milk with 4.0 percent fat and 3.4 percent protein (exclusive VAT). This is 31.2 eurocent less 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 March 2024 at 43.9 eurocent. The lowest future price is the price for May 2023 at 37.4 eurocent.