In Germany in August compared to July 2022 the raw material or compound value of milk at farm decreased 4.4 eurocent to 59.4 eurocent per kilogram milk with 4.0 percent fat and 3.4 percent protein (exclusive VAT). This is 22.9 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 2022 at 60.8 eurocent. The lowest future price is the price for March 2024 at 55.8 eurocent.