FrieslandCampina Faces Decline in Member Milk Supply and Reduced Milk Price in 2023
Source: The DairyNews
In 2023, the total volume of member milk supplied to FrieslandCampina witnessed a 1.4 percent decrease compared to the previous year, declining from 9,502 million kilograms to 9,369 million kilograms. This reduction can be attributed to a decrease in the number of member dairy farms, declining from 9,927 to 9,417, Dairynews.today writes.
In terms of value creation for its members, FrieslandCampina faced challenges as the milk price for member dairy farmers in 2023 amounted to 48.08 euros per 100 kilograms of milk. This represents a significant decrease of 16.2 percent fr om the previous year, wh ere 57.35 euros per 100 kilograms of milk was paid. The milk price comprises the guaranteed price, extra premiums for special supplements, the meadow milk premium, the Foqus planet premium, and the supplementary cash payment.
Due to the disappointing financial results, FrieslandCampina announced that there will be no supplementary cash payment for the year 2023. These developments reflect the economic challenges and fluctuations in the dairy industry that impact both the volume of supplied milk and the financial returns for member dairy farmers.
Read also: FrieslandCampina’s 2023 results: revenue declined by 7.1 percent to 13.1 billion euros
Due to the disappointing financial results, FrieslandCampina announced that there will be no supplementary cash payment for the year 2023. These developments reflect the economic challenges and fluctuations in the dairy industry that impact both the volume of supplied milk and the financial returns for member dairy farmers.
Read also: FrieslandCampina’s 2023 results: revenue declined by 7.1 percent to 13.1 billion euros
23.09.2024
Carbon emissions in global milk production - the elephant in the room
I have been thinking to make this post yes/ no. I decided for yes and like to ask everyone to not "shoot the messenger". The chart shows an analysis of IFCN Dairy Research Network from the 2024 supporter conference in Poland.
