European milk price rises by 1.4 percent in July

The average milk price in July was 45.35 euros per 100 kilos of standard milk. The average European milk price in July was 8 percent higher than in July last year. The increase was mainly caused by a better payment of fat and protein. The milk price increased in July at almost all European dairy companies. Only the milk price of the French Danone decreased by 1.40 euros. The milk prices of the Belgian Milcobel, the German Hochwald and the Finnish Valio remained at the same level in July compared to the previous month. The largest increase in the milk price was seen by dairy farmers who supply the Swiss Emmi (+5.19 euros), the Irish Dairygold (+2.01 euros) and the Irish Tirlan (+1.75 euros). At FrieslandCampina the milk price increased by 24 cents in July. The European milk production increased by 1 percent in June compared to June last year, but in the Netherlands there was an acceleration in the decline in milk production. In the Netherlands, milk production fell by 3 percent in ...