Germany: ife-data may/april

In Germany in May compared to April the raw material or compound value of milk at farm decreased 1.2 eurocent to 25.8 eurocent per kilogram milk with 4.0 percent fat and 3.4 percent protein (exclusive VAT). This is 6.2 eurocent less 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 December 2021 at 33.6 eurocent. The lowest future price is the price for June 2020 at 29.8 eurocent. www.ife-ev.de

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