Germany: Milk Price Momentum
Source: The DairyNews
Milchwerke Oberfranken-West currently leads the German dairy market with a robust milk price of 49.5 cents per kilogram, maintaining its position from the previous month. Bayernland follows closely, having paid its farmers 49.3 cents per kilogram in April. In third place, Goldmilch offers 48.36 cents per kilogram, while Milchwerke Berchtesgadener Land secures fourth place with a payment of 48.2 cents per kilogram to its farmers, marking a 1 cent increase from the prior month.
Goldsteig, ranking fifth, also raised its payout by 1 cent to 47.5 cents per kilogram.
In East Germany, dairy companies such as Müller and Sachsenmilch in Leppersdorf are paying higher prices than before, with an increase of 1 cent per kilogram, resulting in a payout price of 43.9 cents. FrieslandCampina at its Düsseldorf location offered a slight increase of 0.23 cents, bringing the price to 45.01 cents per kilogram. However, some dairies like Milchwirtschaftliche Beteiligungs AG and Campina in Heilbronn have reduced their payouts by 1 cent, settling at 45.04 cents per kilogram. Arla applied a minimal discount of 0.07 cents, positioning it among the lower-paying dairies. Rücker from Wismar maintained its price at 43 cents per kilogram.
Dairies from various regions, including northern and western Germany and Saxony, like Vogtlandmilch and Hochwald, continue to offer some of the lowest prices at 42.74 and 42.3 cents per kilogram, respectively.
Despite these varying payouts, the overall outlook for German dairy farmers is positive, bolstered by a global rise in milk prices and strong market demand. Seasonal peaks in milk delivery and increases in prices for raw milk, skimmed milk concentrate, and industrial cream indicate a robust market. The demand for milk remains high across Europe, with significant needs in food retail and ongoing strong demand for semi-hard cheese and butter, as reported by the South German Butter and Cheese Exchange. Recent spot market activities have seen prices jump from 39 cents in the north/west and 41 cents in the south to approximately 45 to 45.5 cents per kilogram.
Looking forward, the ife exchange milk value forecasts a notable rise in prices, potentially reaching 47.3 cents per kilogram in June and surpassing 50 cents by November. This upward trend is set to gradually impact producer prices, signaling promising prospects for dairy farmers.
In East Germany, dairy companies such as Müller and Sachsenmilch in Leppersdorf are paying higher prices than before, with an increase of 1 cent per kilogram, resulting in a payout price of 43.9 cents. FrieslandCampina at its Düsseldorf location offered a slight increase of 0.23 cents, bringing the price to 45.01 cents per kilogram. However, some dairies like Milchwirtschaftliche Beteiligungs AG and Campina in Heilbronn have reduced their payouts by 1 cent, settling at 45.04 cents per kilogram. Arla applied a minimal discount of 0.07 cents, positioning it among the lower-paying dairies. Rücker from Wismar maintained its price at 43 cents per kilogram.
Dairies from various regions, including northern and western Germany and Saxony, like Vogtlandmilch and Hochwald, continue to offer some of the lowest prices at 42.74 and 42.3 cents per kilogram, respectively.
Despite these varying payouts, the overall outlook for German dairy farmers is positive, bolstered by a global rise in milk prices and strong market demand. Seasonal peaks in milk delivery and increases in prices for raw milk, skimmed milk concentrate, and industrial cream indicate a robust market. The demand for milk remains high across Europe, with significant needs in food retail and ongoing strong demand for semi-hard cheese and butter, as reported by the South German Butter and Cheese Exchange. Recent spot market activities have seen prices jump from 39 cents in the north/west and 41 cents in the south to approximately 45 to 45.5 cents per kilogram.
Looking forward, the ife exchange milk value forecasts a notable rise in prices, potentially reaching 47.3 cents per kilogram in June and surpassing 50 cents by November. This upward trend is set to gradually impact producer prices, signaling promising prospects for dairy farmers.
