This page contains the prices of raw Italian "spot" milk (stored in bulk tanks, CIF delivery to dairies) as determined by the Commission appointed by the Lodi Chamber of Commerce*.
The ten most recent prices are listed in the table, while the graph to the side illustrates the price trends that have occurred over the past three years.
The graph below compares the minimum and maximum prices for raw Italian "spot" milk over a given period.
* The Lodi Chamber of Commerce records the prices of goods traded between companies that, in terms of trading volume, play an important role in the local economy. The Chamber specifically appoints Technical Commissions to carry out the assessments on its behalf. The prices shown on this page are purely informative and are to be interpreted as indicative of the average market values over the specified period.
Survey Date
Italy, Lodi Prices of raw Italian "spot" milk bulk in the tank, free destination dairy € per 100 lt (VAT not included)¹
Min
Max
Tuesday 31 Aug 2010
39,18
43,30
Tuesday 27 Jul 2010
41,76
42,79
Monday 12 Jul 2010
40,21
42,27
Tuesday 29 Jun 2010
39,18
41,24
Monday 14 Jun 2010
36,60
38,66
Tuesday 25 May 2010
35,05
36,60
Monday 10 May 2010
34,02
35,05
Tuesday 27 Apr 2010
33,51
34,54
Monday 12 Apr 2010
32,48
33,51
Wednesday 31 Mar 2010
31,96
33,51
NOTE: since 2010, March prices are quoted on a fortnightly basis.
¹ The price is inclusive of freight.
Source: Lodi Chamber of Commerce - data processed by CLAL
Prior to 31/12/2005, milk prices were determined in Euro/1000 litres; since 01/01/2006, prices have been in Euro/1000kg. CLAL publishes prices in Euro/100 litres in order to compare them with farm-gate milk prices in Lombardy (Italy's largest milk-producing region), where prices are agreed between the parties (Dairy Industries and Milk Farmers) in Euro/100 litres.
Calculation to convert the price of:
- whole milk from Euro/1000kg to Euro/100 litres: Price x 1.031:10
- skimmed milk from Euro/1000kg to Euro/100 litres: Price x 1.035:10
1. The “News” evidences only the changes; should no price change or no quotation take place, any mention will be made
2. The change/variation concerning PRODUCTION/OUTPUT quantity refers to the same period of the previous year.
3. The change/variation concerning STOCK quantity refers to the previous month.
4. The change/variation of price refers to PRICES expressed in local currency (for both EU and the World). The change refers to the previous week /month /year, as the case may be
