NETHERLANDS - The FrieslandCampina guaranteed price for raw milk for March 2017 is €36.00 per 100 kilogrammes of milk. The guaranteed price increases with €1.00 compared to February (35.00).
The guaranteed price for March 2017 includes a correction of around €0.54 to compensate for the January forecast of the milk prices of the reference companies, which were estimated too low.
Market conditions are relatively stable. It is expected that the milk prices of several reference companies will remain stable in March.
The protein price in March 2017 is €587.66, the fat price is €293.83 and the lactose price is €58.77 per 100 kilogrammes.
The guaranteed price applies to 100 kilogrammes of milk with a protein content of 3.47 per cent, a fat content of 4.41 per cent and a lactose content of 4.51 per cent and is exclusive of VAT.
From 2017 the amounts shown apply to an average supply of 800,000 kilogrammes of milk annually (in previous years 600,000 kilogrammes).
The volume-based premium and seasonal scheme are discontinued starting in 2017.
TheCattleSite News Desk