Guaranteed price for July 30.00 euros

Prices continue to decline

29 June 2015

The FrieslandCampina guaranteed price for raw milk for July 2015 is 30.00 euros per 100 kilogrammes of milk. The guaranteed price is 0.50 euros lower than in June 2015 (30.50 euros).

The reduction of the guaranteed price is based on the expectation that milk prices of most reference companies in July will continue to decline. The persistently high milk supply and the sluggish demand for dairy products keep the quotations of dairy products, especially cheese, under pressure.

The protein price in July 2015 is 489,72 euros, the fat price is 244,86 euros and the lactose price is 48,97 euros per 100 kilogrammes.

€

Guaranteed price per month

2019
2018
2017
2016
2015

2019

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 800,000 kilogrammes of milk annually

Month	Guaranteed price	Average price (YTD)
April	36.00	36.31
March	36.50	36.42
February	36.50	36.38
January	36.25	36.25

2018

Month	Guaranteed price	Average price (YTD)
December	37.25	36.04
November	37.25	35.93
October	38.00	35.80
September	37.00	35.56
August	35.75	35.38
July	35.75	35.32
June	34.25	35.25
May	34.00	35.45
April	34.50	35.81
March	35.50	36.25
February	35.75	36.63
January	37.50	37.50

2017

Month	Guaranteed price	Average price (YTD)
December	41.50	37.96
November	41.75	37.64
October	41.75	37.23
September	40.50	36.72
August	38.50	36.25
July	37.25	35.93
June	36.75	35.71
May	36.00	35.50
April	36.00	35.38
March	36.00	35.17
February	35.00	34.75
January	34.50	34.50

2016

Month	Guaranteed price	Average price (YTD)
December	37.50	28.38
November	33.00	27.55
October	29.25	27.00
September	26.25	26.75
August	25.00	26.81
July	25.00	27.07
June	25.00	27.42
May	25.00	27.90
April	27.50	28.63
March	28.50	29.00
February	29.25	29.25
January	29.25	29.25

2015

Month	Guaranteed price	Average price (YTD)
December	30.00	30.68
November	29.75	30.66
October	29.00	30.75
September	28.50	30.94
August	28.50	31.25
July	30.00	31.64
June	30.50	31.92
May	32.00	32.20
April	33.25	32.25
March	34.00	31.92
February	31.50	30.88
January	30.25	30.25

Protein, fat and lactose prices - per month

in euros per 100 kilogrammes

2019
2018
2017
2016
2015

2019

Month	Protein	Fat	Lactose
April	587.66	293.83	58.77
March	595.82	297.91	59.58
February	595.82	297.91	59.58
January	591.74	295.87	59.17

2018

Month	Protein	Fat	Lactose
December	608.06	304.03	60.81
November	608.06	304.03	60.81
October	620.31	310.15	62.03
September	603.98	301.99	60.40
August	583.58	291.79	58.36
July	583.58	291.79	58.36
June	559.09	279.55	55.91
May	555.01	277.51	55.50
April	563.17	281.59	56.32
March	579.50	289.75	57.95
February	583.58	291.79	58.36
January	612.14	306.07	61.21

2017

Month	Protein	Fat	Lactose
December	677.44	338.72	67.74
November	681.52	340.76	68.15
October	681.52	340.76	68.15
September	661.12	330.56	66.11
August	628.47	314.23	62.85
July	608.06	304.03	60.81
June	599.90	299.95	59.99
May	587.66	293.83	58.77
April	587.66	293.83	58.77
March	587.66	293.83	58.77
February	571.34	285.67	57.13
January	563.17	281.59	56.32

2016

Month	Protein	Fat	Lactose
December	612.14	306.07	61.21
November	538.69	269.34	53.87
October	477.47	238.74	47.75
September	428.50	214.25	42.85
August	408.10	204.05	40.81
July	408.10	204.05	40.81
June	408.10	204.05	40.81
May	408.10	204.02	40.81
April	448.91	224.45	44.89
March	465.23	232.62	46.52
February	477.47	238.74	47.75
January	477.47	238.74	47.75

2015

Month	Protein	Fat	Lactose
December	489.72	244.86	48.97
November	485.63	242.82	48.56
October	473.39	236.70	47.34
September	465.23	232.62	46.52
August	465.23	232.62	46.52
July	489.72	244.86	48.97
June	497.88	248.94	49.79
May	522.36	261.18	52.24
April	542.77	271.38	54.28
March	555.01	277.51	55.50
February	514.20	257.10	51.42
January	493.80	246.90	49.38