From a European perspective, Dutch milk prices have lost the most in the past year.
In the period from November 2017 to November 2018, Dutch milk prices fell by 11% in value, according to an overview by the European Commission (EC). This puts the Netherlands at the top of the list of countries where milk prices have increased most in percentage terms in recent months. The Netherlands is closely followed by Germany, where milk prices dropped by 8%. The European average (EU-28) is down 5%.
The French milk prices, on the other hand, show a plus of 1% and thus deviate from the other large producing countries in Europe. It should be noted that the French milk price has a different dynamic than in other countries.
Above average milk price
In absolute terms, the Netherlands does better. In the overview of the EC, in which the average milk price is based on actually delivered fat and protein contents, the Dutch milk price for November is €37,25 per 100 kilos. About 1 year earlier, this was €41,75 per 100 kilos, which explains the 11% decline.
The average in the EU-28 is €36,06 per 100 kilos. The German price was €37,16 per 100 kilos in November and is also above average. The extremes in Europe are great, by the way. For example, the milk price in Cyprus in November amounted to €57,82 per 100 kilos, while the price in Latvia amounted to €29,65 per 100 kilos. However, both countries do not have a large dairy sector.
Click here for an overview of Dutch milk prices.