Inside Milk
Milk price remains at around 33 to 34 euros in February
With three pluses, two minuses and two stable movements, the average bare milk price over the month of February continued to fluctuate between €33 and €34 per 100 kilos. This is evident from the Boerenbusiness Milk price comparator. Which dairy farmer paid the highest raw milk price in February? And which processor can increase that price the most?
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On average, the milk price for the month of February is €33,22 per 100 kilos. A month earlier that was still €33,50 per 100 kilos. This decline does not entirely correspond to the sentiment in the market, but it can be easily explained. The milk price of Vreugdenhil Dairy Foods has plummeted considerably in February, because the winter allowance has expired. The dairy farmer shows a minus of €3,46 to €33,02 per 100 kilos. This should also give it the leading position in the Milk Price Comparator Boerenbusiness give up.
It does that Call Leerdammer, which records a basic milk price of €34,48 per 100 kilos for February. The price therefore remains stable compared to a month earlier. Cono Cheesemakers follows the dairy processor closely and records a milk price of €34,44 per 100 kilos for February. A difference of only €0,04 with Bel Leerdammer and a plus of €0,42 with a month earlier. In short: the high degree of stability works out well for the processors. They have been at the top of the price comparison for weeks. Third place goes to FrieslandCampina, which recorded an increase of €0,75 in February, to €34,23 per 100 kilos.
In addition to Vreugdenhil Dairy Foods, which has fallen to 5th place in the Milk Price Comparator of Boerenbusiness, late too DOC Cheese see a decrease for the month of February. This concerns a minus of €0,50 to €31,94 per 100 kilos. However, this does not change the position of the cheesemaker. Arla Foods is still at the bottom, with a milk price of €31,15 per 100 kilos. The price has therefore remained stable compared to a month earlier.
Maximum milk prices
The average maximum milk price is included in the milk price comparison Boerenbusiness works out at €37,03 per 100 kilos. It is a decrease of €0,28 compared to €37,31 per 100 kilos from a month earlier. Here too, the decrease is entirely caused by the disappearance of the winter supplement at Vreugdenhil. The maximum milk price of that dairy now amounts to €34,52 per 100 kilos, which puts it at the bottom of the price comparison. In short, it means that the lowest premiums can be achieved at the dairy.
The most premiums can be obtained from dairy processor A-ware, a total of €6,25. This brings the maximum milk price for February to €39,58 per 100 kilos. The dairy farmer is therefore not at the top Boerenbusiness Milk price comparison, because the maximum milk price of Cono Kaasmakers is slightly higher. For the month of February it is €39,94 per 100 kilos. A total of €4,50 in premiums can be collected at Cono.
Perspective
The first milk prices for March have already been announced. From this we can conclude that a slight increase in milk prices can be expected next month. For example, Arla Foods and DOC Kaas as well as FrieslandCampina have already announced a price increase. This is also in line with expectations Rabobank. The bank stated in a new dairy update that the milk price will be stable to slightly increasing in the coming months, driven by a lower milk supply. In short: supply is decreasing, but demand remains strong. Dairy processors usually follow this trend with a delay of a few months.
Click here to view the Milk Price Comparator.