News milk
Cono overtakes FrieslandCampina due to additional payment
Cono Kaasmakers will exceed FrieslandCampina's cash milk price by almost 2024 cents for 15. It is an achievement that did not succeed a year earlier (and not in 2022 either), even though FrieslandCampina did not pay a supplementary payment in 2023 and Cono did.
Read this article?
Become a subscriber and get instant access
Choose the subscription that suits you
Both dairy cooperatives improved in 2024. FrierslandCampina became profitable again and announced a supplementary payment of €1,21 per 100 kilos, bringing the cash milk price for 2024 to €52,95 per 100 kilos. That is €4,87 more than was paid a year earlier.
Cono nevertheless set a higher milk price of €53,09 cash per 100 kilos. That is €5,87 more than a year earlier.
The difference with FrieslandCampina is made thanks to a back payment of €1,23 per 100 kilos, plus 25 cents membership fee. This is on top of €51,61 per 100 kilos in advance payments. Of this, €4,35 consists of premiums, 12 cents more than in 2023. The Cono board proposes to add 50 cents per 100 kilos to the company's reserves.
The result must feel like a certain satisfaction for the cooperative after the painful loss of a big puddle of milk in the first months of this year. A small group of dairy farmers with a volume of around 50 million kilos of milk resigned out of dissatisfaction with the basic milk price in particular.