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FrieslandCampina Sets June 2024 Guaranteed Farm Milk Price at €47.75 per 100 Kilograms

Netherlands 28.05.2024
Source: The DairyNews
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FrieslandCampina has announced an increase in its guaranteed price for farm milk for June 2024, setting it at €47.75 per 100 kilograms. This represents a €0.50 increase from the previous month, influenced by expectations of rising reference prices driven by higher dairy commodity costs.
FrieslandCampina Sets June 2024 Guaranteed Farm Milk Price at €47.75 per 100 Kilograms
For the year 2024 up to June, the average guaranteed price for farm milk stands at €46.50 per 100 kilograms.

The pricing structure of FrieslandCampina ensures that the guaranteed price is compensated based on the milk components—protein and fat—with a fixed ratio of 6:4. This guaranteed price reflects the values per 100 kilograms of farm milk, containing 3.58% protein and 4.45% fat, and is exclusive of VAT. The prices are calculated based on the annual average supply of 925,000 kilograms of farm milk.

For June, the value of protein is marked at €729.38, and fat at €486.25 per 100 kilograms of milk, highlighting the ongoing adjustments to market conditions and cost influences on dairy production.

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