The guaranteed price is the amount per 100 kilogrammes of milk that FrieslandCampina is guaranteed to pay to its member dairy farmers monthly. The guaranteed price corresponds with the average annual prices for raw milk, including payments in arrears and any registered reserves of the benchmark companies in Germany, Denmark, the Netherlands and Belgium.

Every month, the guaranteed price is estimated based on the trend in the published milk prices of the benchmark companies. Any adjustment to the estimate of the milk prices can be implemented in a subsequent month. Any annual adjustment of the guaranteed price can be settled at the same time as the annual payment of the performance payment. The guaranteed price applies per 100 kilogrammes of milk, with 3.47 per cent protein, 4.41 per cent fat and 4.51 per cent lactose.

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.

  • 2017
  • 2016
  • 2015

2017

Month Guaranteed price Average price (YTD)
January 34.50 48.00

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

  • 2017
  • 2016
  • 2015

2017

Month Protein Fat Lactose
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