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Guaranteed price

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.

Publication dates guaranteed price 2019 

Monday 28 January Monday 29 July
Monday 25 February Monday 26 August
Monday 25 March Monday 30 September
Monday 29 April Monday 28 October
Monday 27 May Monday 25 November
Monday 24 June Monday 30 December (January 2020)

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

  • 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)
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

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 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

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 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

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

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

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

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
September 571.34 285.67 57.13
August 571.34 285.67 57.13
July 571.32 285.67 57.13
June 583.58 291.79 58.36
May 575.42 287.71 57.54
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