Inside Milk
Vreugdenhil adds another plus on milk price for July
Vreugdenhil Dairy Foods raises the milk price for July. This continues the upward trend and it is the 6th increase in a row for the dairy processor.
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The milk price that Vreugdenhil itself communicates increases by €0,22 to €37,18 per 100 kilos for July. This is calculated for an annual supply of 1.100.000 kilos, 4,42% fat and 3,57% protein, excluding VAT. This includes premiums for quality, sustainability and grazing. The correction has been made to the fat price.
The organic milk price that Vreugdenhil itself publishes for July is €54,44 per 100 kilos of milk. This is the price excluding VAT, for a delivery of 1.100.000 kg of milk, 4,42% fat and 3,57% protein, including premiums for quality, sustainability and grazing. The price is €0,27 higher than in June.
Milk price comparator
In Boerenbusiness Milk price comparator Vreugdenhil's basic milk price increases to €35,55 per 100 kilos. This is calculated based on 4,42% fat, 3,57% protein and an annual supply of 1 million kilos. The maximum milk price is €37,05 per 100 kilos.
Due to the disappearance of the winter bonus in the period from February to August, Vreugdenhil is in the lower regions of the milk price comparator. Because not all participants in the price comparator increased the milk price for July, the distance with other processors is reduced.
To objectively compare Vreugdenhil's milk price with other processors, it is best to view the payment price (due to the winter bonus) over a longer period. If we take the average of the past 12 months, the basic milk price is €32,42 per 100 kilos, making Vreugdenhil the leader in the price comparator. The maximum milk price is €33,80 per 100 kilos, putting the dairy processor in the middle bracket.