Germany: ife-Data Augus/July

In Germany in August compared to July the raw material or compound value of milk at farm decreased 0.2 eurocent to 29.9 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 February 2022 and March 2022 at 33.8 eurocent. The lowest future price is the price for September 2020 at 30.7 eurocent. www.ife-ev.de

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