In Germany in July compared to June 2022 the raw material or compound value of milk at farm decreased 2.0 eurocent to 63.8 eurocent per kilogram milk with 4.0 percent fat and 3.4 percent protein (exclusive VAT). This is 27.6 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 August 2022 at 61.8 eurocent. The lowest future price is the price for June 2023 at 54.1 eurocent.