In Germany in January 2024 compared to December 2023 the raw material or compound value of milk at farm decreased 1.0 eurocent to 42.7 eurocent per kilogram milk with 4.0 percent fat and 3.4 percent protein (exclusive VAT). This is 2.1 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 August 2025 at 49.9 eurocent. The lowest future price is the price for February 2024 at 41.9 eurocent.