Germany: ife-data October/September

In Germany in October compared to September the raw material or compound value of milk at farm increased 4.4 eurocent to 43.3 eurocent per kilogram milk with 4.0 percent fat and 3.4 percent protein (exclusive VAT). This is 11.8 eurocent 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 December 2021 at 50.0 eurocent. The lowest future price is the price for January till April 2023 at 44.1 eurocent.

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