In Germany in February 2024 compared to January 2024 the raw material or compound value of milk at farm decreased 0.5 eurocent to 42.2 eurocent per kilogram milk with 4.0 percent fat and 3.4 percent protein (exclusive VAT). This is 3.2 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 September 2025 at 48.8 eurocent. The lowest future price is the price for May 2024 at 41.9 eurocent.