In Germany in December 2021 compared to November 2021 the raw material or compound value of milk at farm increased 2.3 eurocent to 52.4 eurocent per kilogram milk with 4.0 percent fat and 3.4 percent protein (exclusive VAT). This is 20.7 eurocent (65 percent) 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 February 2022 at 56.1 eurocent. The lowest future price is the price for April 2023 at 46.5 eurocent.