Germany: ife data June/May

In Germany in June compared to May 2023 the raw material or compound value of milk at farm increased 0.6 eurocent to 37.0 eurocent per kilogram milk with 4.0 percent fat and 3.4 percent protein (exclusive VAT). This is 28.8 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 January 2025 at 44.2 eurocent. The lowest future price is the price for August 2023 at 36.6 eurocent.

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