Guaranteed price for March 2017 36.00 euros

27 February 2017

The FrieslandCampina guaranteed price for raw milk for March 2017 is 36.00 euros per 100 kilogrammes of milk. The guaranteed price increases with 1.00 euro compared to February (35.00).

The guaranteed price for March 2017 includes a correction of around 0.54 euros to compensate for the January forecast of the milk prices of the reference companies, which were estimated too low. Market conditions are relatively stable. It is expected that the milk prices of several reference companies will remain stable in March.

The protein price in March 2017 is 587.66 euros, the fat price is 293.83 euros and the lactose price is 58.77 euros per 100 kilogrammes.

The guaranteed price applies to 100 kilogrammes of milk with a protein content of 3.47 percent, a fat content of 4.41 percent and a lactose content of 4.51 percent and is exclusive of VAT. From 2017 the amounts shown apply to an average supply of 800,000 kilogrammes of milk annually (in previous years 600,000 kilogrammes). The volume-based premium and seasonal scheme are discontinued starting in 2017.

€

Guaranteed price per month

2020
2019
2018
2017
2016
2015

2020

The FrieslandCampina guaranteed price applies to 100 kg of milk with standard contents protein (3.57%), fat (4.41%) and lactose (4.53%), exclusive of VAT. The amounts shown apply to an average supply of 850,000 kilos of milk annually.

Month	Guaranteed price	Average price (YTD)
January	35.75	35.75

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)
December	36.41	35.66
November	35.50	35.59
October	34.75	35.60
September	35.00	35.69
August	35.00	35.78
July	35.00	35.89
June	35.75	36.04
May	35,25	36.10
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

2020
2019
2018
2017
2016
2015