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INTERNATIONAL MILK PRICE REVIEW for May 2009 deliveries -
July 13, 2009

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 1.37   21.68 0.00 26.47
Alois Müller NL 0.51 21.66 0.00 28.71
Humana Milch Union eG DE 22.88 -0.18 30.13
Nordmilch DE 0.15 21.89 -0.15 26.89
Arla Foods DK 0.49 24.52 0.71 31.89
Hämeenlinnan Osuusmeijeri FI 2.14 1.58 35.05 2.91 45.10
Bongrain CLE (Basse Normandie) FR 0.74 27.99 none 32.78
Danone (Pas de Calais) FR   26.90 none 33.01
Lactalis (Pays de la Loire) FR 23.32 none 33.15
Sodiaal FR 0.58 26.52 none 32.57
Dairy Crest (Davidstow) GB -0.22 0.33 -2.75 25.07 0.00 31.03
First Milk GB 0.55 2.06 21.36 0.00 28.49
Glanbia IE   21.06 0.00 28.36
Kerry IE 22.87 none 28.26
DOC Kaas NL 0.05 0.27 -1.60 18.61 1.04 25.80
Friesland Campina NL 0.05 0.75 -2.30 21.45 1.04 30.13
AVERAGE MILK PRICE THIS MONTH (2) 24.10   30.76
Granarolo (North) 1.15 3.42 32.52 none 38.50
Noua Zeelanda (5) NZ 17.46 0.00 17.24
Statele Unite ale Americii (3) US 0.09 18.11 none 25.34

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


"Quality Control of raw milk"

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