FrieslandCampina guaranteed price organic farm milk August 2024 increases to 58.00 euros
Source: The DairyNews
FrieslandCampina increases its guaranteed price for organic farm milk in August to 58.00 euros per 100 kilogrammes, an increase of 0.50 euros compared to last month. This increase is based on recently risen reference prices for organic farm milk and the expectation that they will continue to rise.
The average guaranteed price for organic farm milk for 2024 up to and including August is 56.84 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 550,000 kilogrammes of farm milk on annual basis.
Value milk components August
This month the protein value is 885.95 euros and the fat value is 590.63 euros per 100 kilogrammes of organic farm 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 organic and biodynamic farms are 0.32 euro per 100 kilogrammes of farm milk supplied.
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 550,000 kilogrammes of farm milk on annual basis.
Value milk components August
This month the protein value is 885.95 euros and the fat value is 590.63 euros per 100 kilogrammes of organic farm 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 organic and biodynamic farms are 0.32 euro per 100 kilogrammes of farm milk supplied.
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