Integral Organic Milk Price FrieslandCampina November 2024: 68.33 euros
Organic Guaranteed Price increases to 61.75 euros per 100 kilograms of milk
The Integral Organic Milk Price for November includes a seasonal bonus of 4.00 euros and an increase in the Organic Guaranteed Price of 1.25 euros per 100 kilograms of milk compared to the previous month. The increase in the Organic Guaranteed Price is based on the expectation that reference prices for organic milk will increase slightly due to steady market demand. In addition, a substantial positive adjustment for the previous period is included.
The Integral Organic Milk Price that FrieslandCampina pays for organic milk from its member dairy farmers, is based on the Organic Guaranteed Price, supplemented with the maximum Foqus planet premium for sustainability efforts, and after deductions for charges, costs, and seasonal bonuses or discounts. In addition, FrieslandCampina members may receive a Supplementary Cash Payment, the amount of which depends on FrieslandCampina's results and the retained earnings policy adopted.
Value milk components November
This month the protein value is 943.23 euros and the fat value is 628.82 euros per 100 kilograms.
| Breakdown Integral Organic Milk Price | |
|---|---|
| Organic Guaranteed Price | 61.75 |
| Seasonal bonus | 4.00 |
| Max. Foqus planet premium | 3.50 |
| Fixed costs | -0.32 |
| Foqus planet charge | -0.60 |
| Integral Organic Milk Price | 68.33 |
| Average prices 2024 | |
|---|---|
| Organic Guaranteed Price | 57.82 |
| Integral Organic Milk Price | 60.22 |
Development Guaranteed Price Organic Farm Milk
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)
Explanation Integral Organic Milk Price
The Integral Organic Milk Price provides insight into the total compensation that FrieslandCampina’s member dairy farmers receive per 100 kilograms of organic milk. The milk payment that individual dairy farmers receive monthly is calculated based on the value of the amount of protein, fat, and lactose according to a fixed ratio of 6:4:0, and based on the Guaranteed Price for organic milk at 3.58 percent protein, 4.45 percent fat, and 4.53 percent lactose excluding VAT, per 100 kilograms of milk.
The Organic Guaranteed Price is based on the organic milk prices from a number of dairy companies (reference companies) in countries in Northwestern Europe, with an average annual delivery of 550,000 kilograms of milk. The difference between the Guaranteed price and the milk payment arises from the deduction of charges, costs, bonuses.
For this calendar year, the seasonal bonuses and discounts have been set as follows: January 2.00 euros; February 2.00 euros; March -1.00 euro; April -3.00 euros; May -4.00 euro; June -5.00 euros; July -4.00 euros; August 1.00 euro; September 2.00 euros; October 4.00 euros; November 4.00 euros; December 3.00 euros.
In addition to the Integral Organic Milk Price, members of FrieslandCampina may receive a Supplementary Cash Payment, the amount of which depends on FrieslandCampina's results and the retained earnings policy adopted.