Guaranteed price for December 30.75 euros

1 December 2014

The FrieslandCampina guaranteed price for raw milk for December 2014 is 30.75 euros per 100 kilogrammes of milk. The guaranteed price is 3.75 euros lower than in November 2014 (34.50 euros).

The reduction of the guaranteed price is the consequence of a lower forecast for the milk prices of the reference companies in December. Global milk supply remains high because of favourable weather and production conditions. On the other hand, the demand for dairy is stagnant and the Russian boycott of EU agricultural products interferes in the market and price setting of dairy products.
In the decline of the guaranteed price with 3.75 euro is a negative adjustment of 1.25 euro due to perceived high milk prices of the reference companies in October.

The protein price in December is 501.96 euros, the fat price is 250.98 euros and the lactose price is 50.20 euros per 100 kilogrammes.

All in all, the guaranteed price for 2014 as a whole will be 39.30 euros. In 2013, the guaranteed price was 39.45 euros and the milk price (guaranteed price plus performance premium plus member bond reserve) was 42.49 euros.

Guaranteed price per month
The guaranteed price applies to 100 kilogrammes of milk with a protein content of 3.47%, a fat content of 4.41% and a lactose content of 4.51% and is exclusive of VAT. The amounts shown apply to an average supply of 600,000 kilogrammes of milk annually.

	Guaranteed price 2014	Average 2014	Guaranteed price 2013	Average 2013
December	30.75	39.29	44.00	39.45
November	34.50	40.07	44.00	39.04
October	37.00	40.63	42.25	38.55
September	38.00	41.03	41.50	38.13
August	39.75	41.41	40.00	37.71
July	39.50	41.64	40.00	37.39
June	42.00	42.00	40.00	36.95
May	40.25	42.00	39.50	36.34
April	41.25	42.44	37.00	35.55
March	42.50	42.83	34.50	35.07
February	43.00	43.00	35.00	35.35
January	43.00	43.00	35.70	35.70

Protein, fat and lactose prices, per month
in euros per 100 kilogrammes

2014	Protein	Fat	Lactose
December	501.96	250.98	50.20
November	563.17	281.59	56.32
October	603.98	301.99	60.40
September	620.31	310.15	62.03
August	648.87	324.44	64.89
July	644.79	322.40	64.48
June	685.60	342.80	68.56
May	657.04	328.52	65.70
April	673.76	336.68	67.34
March	693.76	346.88	69.38
February	701.93	350.96	70.19
January	701.93	350.96	70.19