In Germany in July compared to June 2021 the raw material or compound value of milk at farm fell 1.3 eurocent to 36.2 eurocent per kilogram milk with 4.0 percent fat and 3.4 percent protein (exclusive VAT). This is 6.1 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 March 2022 till February 2023 at 37.6 eurocent. The lowest future price is the price for September 2021 at 36.5 eurocent.