FrieslandCampina Raises December 2024 Milk Price to €60.06 per 100 Kilograms
Source: DairyNews.today
Dutch dairy cooperative FrieslandCampina announced an increase in its Integral Milk Price for December 2024, setting the rate at €60.06 per 100 kilograms. The rise reflects a €1.85 jump in the Guaranteed Price, now at €57.35 per 100 kilograms, compared to the previous month.
The adjustment is driven by expectations of higher reference milk prices amid shifting global market dynamics and includes a positive reconciliation for prior periods.
Integral Milk Price Breakdown
The Integral Milk Price, paid to FrieslandCampina member dairy farmers for conventional milk, comprises the Guaranteed Price, a sustainability premium under the Foqus planet program, and deductions for specific costs. Members may also receive a Supplementary Cash Payment, contingent on the cooperative's financial performance and retained earnings strategy.
Component Values for December
Key component values for the month stand at €876.02 per 100 kilograms for protein and €584.01 per 100 kilograms for fat.
The price increase underscores a cautiously optimistic outlook for global dairy markets as FrieslandCampina continues to align its pricing strategy with market trends and sustainability objectives.
Integral Milk Price Breakdown
The Integral Milk Price, paid to FrieslandCampina member dairy farmers for conventional milk, comprises the Guaranteed Price, a sustainability premium under the Foqus planet program, and deductions for specific costs. Members may also receive a Supplementary Cash Payment, contingent on the cooperative's financial performance and retained earnings strategy.
Component Values for December
Key component values for the month stand at €876.02 per 100 kilograms for protein and €584.01 per 100 kilograms for fat.
The price increase underscores a cautiously optimistic outlook for global dairy markets as FrieslandCampina continues to align its pricing strategy with market trends and sustainability objectives.
