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Erratic guaranteed price RFC now up again

27 May 2019 - Redactie Boerenbusiness - 1 reaction

The guaranteed price of FrieslandCampina (RFC) is not very stable in 2019 (to date). Market expert Wouter Baan discusses the change for June and also discusses the organic milk price. 

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1 reaction
Gerald 27 May 2019
This is in response to it Boerenbusiness article:
[url=http://www.boerenbusiness.nl/video/10882634/grillige-garantieprijs-rfc-nu-weer-ophoog]Grillige guaranteed price RFC now up again[/url]
Guaranteed price is particularly stable, moving this year within a bandwidth of 1,25 euros. We have experienced that differently in other years, when the price was "erratic".

Besides, the guaranteed price is only an advance on the final payment and therefore does not say much about how FrieslandCampina is doing, but how well the reference companies are doing. In order to be able to say anything about FC, we have to wait for the annual or half-year figures and the performance price.
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