FrieslandCampina guaranteed price farm milk July 2024 increases to 48.00 euros
Source: The DairyNews
FrieslandCampina will increase its guaranteed price for farm milk to 48.00 euros per 100 kilogrammes in July, which represents a rise of 0.25 euros compared to the previous month.
The increase is based on the expectation that reference prices for farm milk will rise, driven by the slight upward trend in the basic dairy market.
The average guaranteed price for farm milk for 2024 up to and including July is 46.71 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 July
This month the protein value is 733.20 euros and the fat value is 488.80 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 0.19 euro per 100 kilogrammes of farm milk supplied.
The average guaranteed price for farm milk for 2024 up to and including July is 46.71 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 July
This month the protein value is 733.20 euros and the fat value is 488.80 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 0.19 euro per 100 kilogrammes of farm milk supplied.
23.09.2024
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