Germany: ife data November

In Germany in November compared to October the raw material or compound value of milk at farm increased 6.8 eurocent to 50.1 eurocent per kilogram milk with 4.0 percent fat and 3.4 percent protein (exclusive VAT). This is 18.5 eurocent (58.5 percent) 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 February 2022 and March 2022 at 54.4 eurocent. The lowest future price is the price for January till April 2023 May 2023 and June 2023 at 46.3 eurocent.

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