Guaranteed price for November 2016 33.00 euros

The FrieslandCampina guaranteed price for raw milk for November 2016 is 33.00 euros per 100 kilogrammes of milk. The guaranteed price for November increases with 3.75 euros compared to October.

It is expected that the milk prices of the reference companies will increase in November. Part of the 3.75 euro increase (0.30 euro) is a correction on too low estimated prices in the past few months. The positive development of the milk price is caused by increasing quotations, mainly for cheese and butter.

The protein price in November 2016 is 538.69 euros, the fat price is 269.34 euros and the lactose price is 53.87 euros per 100 kilogrammes.

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.