Inside Milk
Vreugdenhil raises milk price via protein
The positive sentiment on the protein side of the dairy market is reflected in the milk price of Vreugdenhil Dairy Foods.
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With an annual supply of 1 million kilos of milk and standard Dutch contents, the basic milk price therefore amounts to €36,68 per 100 kilos. This includes the seasonal supplement of €3,90 that will be paid until January.
Including bonuses for grazing (€1,50) and sustainability (€0,60), the milk price can rise to €38,78 per 100 kilos. This puts Vreugdenhil at the top of the list, together with Cono Kaasmakers who kept the milk price stable last month milk price comparator van Boerenbusiness. However, the score is somewhat flattering, because both processors pay generous seasonal bonuses.
Increasing powder prices
The higher milk price is related to rising powder prices. Both whole and skimmed milk powder are on the rise. This gave the commodity value of milk in the past period, a considerable boost. The recovery in protein is mainly due to wild demand from China and the European intervention stocks that were sold earlier this year.