In Germany in November 2023 compared to October 2023 the raw material or compound value of milk at farm increased 3.8 eurocent to 43.0 eurocent per kilogram milk with 4.0 percent fat and 3.4 percent protein (exclusive VAT). This is 8.9 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 April and May 2025 at 50.5 eurocent. The lowest future price is the price for January 2024 at 42.6 eurocent.