Germany: ife-data September/August

In Germany in September compared to August 2022 the raw material or compound value of milk at farm increased 0.3 eurocent to 59.7 eurocent per kilogram milk with 4.0 percent fat and 3.4 percent protein (exclusive VAT). This is 20.8 eurocent 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 October 2022 at 58.7 eurocent. The lowest future price is the price for November 2023 and December 2023 at 53.7 eurocent.

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