In August, the price of milk rose again in Europe to € 32.91 / 100 kgs

Published 2020년 9월 17일

Tridge summary

The European Union's Cow's Milk Market Observatory has reported a rise in milk prices in August 2020, marking the second consecutive increase, but despite this, the average value of milk has fallen by 4.3% in the last year. The price in August was 32.91 euros per 100 kilos. The most significant drops were in Germany (3.7%), France (2.6%), and the Netherlands (5.8%), while Ireland and Spain saw price increases of 2% and 0.6% respectively. The lowest price in the EU was in Lithuania, almost at the same value as August 2019.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Despite this rise, the average value of milk has fallen in the EU by 4.3% in the last year The report of the European Union Cow's Milk Market Observatory shows a new price rise in August 2020, the second consecutive, until reaching a value of 32.91 euros per 100 kilos. Despite these increases, that amount is 4.3% lower than a year ago when it marked a price of 34.02 euros. Germany places its price in August at 31.81 euros, falling 3.7% compared to 365 days ago when it was 33.10. In a similar line, France moves with a decrease of 2.6%, going from 36.75 in August 2019 to the current 35.81. However, the most serious fall is suffered by the Netherlands where farmers have seen how the price paid by industries in a year has fallen by 5.8% from 35 to 33 euros registered today. On the rise is Ireland with a current price of 32.60 ...

Source: Castilla