In Germany in February 2020 compared to January 2020 the raw material or compound value of milk at farm decreased 0.7 eurocent to 35.5 eurocent per kilogram milk with 4.0 percent fat and 3.4 percent protein (exclusive VAT). This is 3.4 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 April until September 2021 at 36.0 eurocent. The lowest future price is the price for May 2020 at 31.0 eurocent. www.ife-ev.de