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INTERNATIONAL MILK PRICE REVIEW for July 2008 deliveries - September 26th, 2008

(for standardized (1) milk and based on payment systems of the companies)

* All prices expressed in euro/100 kg

Company   Quality
adjustment
Quantity
adjustment
Seasonal
adjustment
MILK PRICE
this month
Most recent
supplementary
payment
Rolling av
last 12
months (4)
Milcobel BE 0.73 1.38   30.61 0.37 38.16
Humana Milch Union eG DE       34.76 -0.22 37.25
Nordmilch DE   0.15   32.78 -0.17 35.15
Arla Foods Denmark DK 0.69     35.11 1.41 36.41
Hämeenlinnan O. FI 2.14   11.00 44.52 3.88 41.83
Bongrain CLE (Basse Normandie)
FR 0.74     34.04 none 35.46
Danone (Pas de Calais FR 0.58     36.74 none 36.64
Lactalis (Pays de la Loire) FR       34.78 none 35.25
Sodiaal FR       37.44 none 35.12
Dairy Crest (Davidstow) GB -0.25 0.37   32.75 0.00 32.97
First Milk GB 0.61 2.29   30.85 0.00 31.13
Glanbia IE       32.46 0.00 37.03
Kerry IE       31.83 none 35.54
Campina NL 0.05 0.75   32.81 1.20 37.94
Friesland Foods NL 0.04   -2.30 29.85 1.86 38.23
AVERAGE MILK PRICE THIS MONTH (2) 34.09   35.27
New Zealand (5) NZ       25.49 geen 31.42
United States of America (3) US 0.14     28.63 geen 31.12


Remarks:

1. All prices are VAT excluded, paid to producers and assuming milk collected every other day Price per 100 kg standard milk with 4.2% fat, 3.4% (crude) protein, 500,000 kg per year, total bacterial count 24,999 and somatic cell count 249,999  
2. Arithmic average
3. Class III prices adjusted for 4.2% fat, 3.4% protein percentages and somatic cell count 249,999
4. Including most recent supplementary payments
5. Based on payout forecast of Fonterra, adjusted for 4.2% fat and 3.4% protein

Source


On behalf of LTO-Nederland calculated by the Productschap Zuivel in cooperation with the European Dairy Farmers


"Quality Control of raw milk"

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