The InLac index set the price of milk for April at 500 euros in Spain

Published Jul 6, 2022

Tridge summary

The Inlac index reveals that the increase in the price of milk for the month of April should have been 4.04% more than in the previous month and that the inter-annual variation in the price of raw milk in Spain should have been 36, 35%. The InLac index delays its publication over time, so the lag is situated in a period of two months and, for this reason, until last week the valuation relative to the month of April was not known, they point out from Agaprol.

Original content

According to the data published by the FEGA, the average price of milk delivered in April was 42 ct/l, a price 9.7% higher than in March (38.3 ct/l) and a 28.6% higher than in April 2021 (33.6 ct/l). Inlac's reference index takes into account the evolution of six indicators that are determined each month through official sources and that represent an independent analysis model. The six benchmarks are: 1.- IPRI indicator – Manufacture of dairy products 2.– Indicator 5EM – Milk price in 5 EU ...
Source: Agrodigital
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