Friesland­Campina guaranteed price September 2020: EUR 33.75 per 100 kilos of milk

The FrieslandCampina guaranteed price decreases by EUR 0.25 compared to last month (EUR 34.00). The decrease takes into account a moderate decline in the prices of the reference companies as a result of an increase in the global milk supply, while market demand will lag behind as a result of economic developments.

This month the protein value is EUR 541.47, the fat value EUR 270.74 and the lactose value EUR 54.15 per 100 kilos of milk.

The FrieslandCampina guaranteed price applies to 100 kg of milk with standard contents protein (3.57%), fat (4.42%) and lactose (4.53%), exclusive of VAT. The amounts shown apply to an average supply of 850,000 kilos of milk annually. The guaranteed price is part of the FrieslandCampina milk price, which is paid to the member dairy farmers on an annual basis. Every month the guaranteed price is estimated on the basis of the development of the published milk prices of the reference companies.

Explanation of graph

2018 and 2019 are based on Milk Fee Regulations 2017-2019 (3.47% protein, 4.41% fat and 4.51% lactose). 2020 is based on Milk Fee Regulations 2020-2022 (3.57% protein, 4.42% fat and 4.53% lactose).

Milk Price September 2020

On the basis of the monthly guaranteed price, a member dairy farmer receives a milk price. The milk price is based on the fat, protein and lactose content of the milk supplied by the relevant dairy farm. The difference between the guaranteed price and the milk price is caused by the settlement of fixed costs.

Milk money in euros per 100 kilos of milk at 3.57% protein, 4.42% fat and 4.53% lactose and annual deliveries of 850,000 kilos of milk, exclusive of VAT. Discrepancies in eurocents may arise in the guaranteed price as a result of rounding off.