In this short FrieslandCampina film we explain how the milk price is determined (including the monthly 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. 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.
Providing people around the world with the right nutrition is the challenge. Milk, by nature, contains essential nutrients such as proteins, vitamins B2 and B12, and minerals such as calcium. By offering trustworthy and tasty dairy products, FrieslandCampina is contributing towards safeguarding food and nutrient security. FrieslandCampina also strives to limit the pressure on natural sources and the environment.
It all began in the 1871 when farmers join forces in local cooperative dairy factories all over the Netherlands. One of the reasons for doing so, was the lack of refrigeration. The farmers had to work together to deliver the milk quickly to their customers. Another reason to join forces was to gain more power in the market.
In late December 2008 FrieslandCampina is founded on two great Dutch dairy companies: Friesland Foods and Campina, which developed along similar lines in the 19th and 20th centuries.