Germany: ife data July/August

In Germany in August 2023 compared to July 2023 the raw material or compound value of milk at farm decreased 1.0 eurocent to 34.3 eurocent per kilogram milk with 4.0 percent fat and 3.4 percent protein (exclusive VAT). This is 25.1 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 February and March 2025 at 46.1 eurocent. The lowest future price is the price for September 2023 at 35.3 eurocent.

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