News milk
German DMK proud of above-average milk price
The German dairy giant DMK, parent company of DOC Kaas, is proud that it was able to pay a clearly above-average milk price in Germany last year. The company usually struggles with this, but last year it recorded a plus of €1,30 above the German average.
Read this article?
Become a subscriber and get instant access
Choose the subscription that suits you
CEO Ingo Müller made this clear when presenting the cooperative's annual figures. The company paid farmers an average milk price of €53,60 per 100 kilos of milk (at 4,2% fat and 3,4% protein). During 2021, the average milk price was still €35,88 per 100 kilos of milk.
The result for 2022 was slightly lower than that for 2021 and amounted to €22,7 million. That was €27 million. Turnover increased slightly, from €5.466 million to €5.470 million.
This seems very little in a year when milk prices are through the roof and there is no massive loss of membership. There is therefore another cause. DMK sold a large block of shares in Fude + Serrahn in 2021, reducing its stake to 10%. As a result, F+S's turnover may no longer be included.
DMK says it performed well on almost all fronts last year. It is also proud of the increasing turnover achieved through the sale of milk and dairy substitutes. DMK's products are purchased relatively more often than those of competitors, the company reports. DMK is doing particularly well in the market for desserts based on dairy alternatives. The company focuses on using oats as a raw material and not on soy. In the vegetarian market for desserts and drinks, soy is usually used as a basic ingredient. DMK says it can positively distinguish itself with oats.