FrieslandCampina guaranteed price farm milk March 2024: 46.50 euros
In March the FrieslandCampina guaranteed price for farm milk will increase by 0.50 euros to 46.50 euros per 100 kilogrammes compared to last months. This increase is mainly due to a positive correction due to an underestimation of reference prices in the previous period. Reference companies are expected to keep their farm milk prices stable.
The average guaranteed price for farm milk for 2024 up to and including March is 45.75 euros per 100 kilogrammes of milk.
The FrieslandCampina guaranteed price for farm milk is paid out in the milk components: protein and fat, in a fixed ratio of 6:4. The guaranteed price is published per 100 kilogrammes of farm milk, at 3.58% protein and 4.45% fat, exclusive of VAT. The amount applies for an average of 925,000 kilogrammes of farm milk on annual basis.
Value milk components March
This month the protein value is 710.29 euros and the fat value is 473.52 euros per 100 kilogrammes of milk.
Guaranteed price
The guaranteed price is the price that the company guarantees to pay member dairy farmers for the farm milk they supply. The guaranteed price reflects the average farm milk price to be paid by a number of dairy companies in northwestern Europe, including supplementary payments, registered reservations, seasonal supplements, quantity supplements, maximum quality supplements, and cooperative supplements or charges.
Based on the monthly guaranteed price, a member dairy farmer receives milk money. The milk money is based on the quantity and protein, fat and lactose content of the milk supplied by the member farmer. The difference between guaranteed price and milk money arises from the offsetting of fixed costs and supplements or charges. In 2024, the fixed costs of regular farms are 0.19 euro per 100 kilogrammes of farm milk supplied.
Explanation of graph
- 2019 is based on Milk Fee Regulations 2017-2019
(3.47% protein, 4.41% fat and 4.51% lactose) - 2020, 2021 and 2022 are based on Milk Fee Regulations 2020-2022
(3.57% protein, 4.42% fat and 4.53% lactose) - 2023 and 2024 is based on Milk Fee Regulations 2023-2025
(3.58% protein and 4.45% fat)