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FrieslandCampina guaranteed price farm milk January 2024: 44.75 euros

Source: The DairyNews
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The FrieslandCampina guaranteed price for farm milk decreases by 1.56 euros to 44.75 euros per 100 kilogrammes in January 2024 compared to the previous month. This decrease is caused by the positive correction in December, company said.
FrieslandCampina guaranteed price farm milk January 2024: 44.75 euros
Excluding this correction, there will be a slight increase in January. This increase is based on the expectation that the farm milk prices of the reference companies will increase slightly.

The average guaranteed price for farm milk for 2024 up to and including January is 44.75 euros per 100 kilogrammes of milk.

The FrieslandCampina guaranteed price for farm milk is paid out in the milk components: protein and fat, in a fixed ratio of 6:4. The guaranteed price is published per 100 kilogrammes of farm milk, at 3.58% protein and 4.45% fat, exclusive of VAT. The amount applies for an average of 925,000 kilogrammes of farm milk on annual basis.

Value milk components January
This month the protein value is 683.55 euros and the fat value is 455.70 euros per 100 kilogrammes of milk.

Guaranteed price
The guaranteed price is the price that the company guarantees to pay member dairy farmers for the farm milk they supply. The guaranteed price reflects the average farm milk price to be paid by a number of dairy companies in northwestern Europe, including supplementary payments, registered reservations, seasonal supplements, quantity supplements, maximum quality supplements, and cooperative supplements or charges.

Based on the monthly guaranteed price, a member dairy farmer receives milk money. The milk money is based on the quantity and protein, fat and lactose content of the milk supplied by the member farmer. The difference between guaranteed price and milk money arises from the offsetting of fixed costs and supplements or charges. In 2024, the fixed costs of regular farms are 0.20 euro per 100 kilogrammes of farm milk supplied.
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