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Farm-gate and spot prices of milk

Please find here below:
  • a graph showing the comparison between farm-gate milk price in Lombardy and the average spot milk price in Lodi;
  • tables containing the related prices of milk
It is interesting to note that the domestic spot milk prices follows the trend of the imported bulk milk price.
The comparison, then, between the Lombardy raw milk price (determined yearly) and the spot milk price, becomes the base for negotiation of milk prices on an yearly basis by dairy farmers and/or dairy manufactures.

* The Lodi Chamber of Commerce registers prices of goods traded by Processors that, considering their significant volumes, are important on the territory. The Chamber of Commerce makes use of technical commissions, expressly assigned, to ascertain the prices. Prices ascertained have a pure informative value and refer to the market situation on a indicated period.

Farmgate milk price
Lombardy farmgate milk price * (€/100 lt.)
Month 2016 2017 2018 ± on prev.
month.
± % from
2017
January 37,29 38,79 (e)39,79 -2,45% +2,58%
February 37,29 39,29 (e)38,79 -2,51% -1,27%
March 35,79 39,29 (e)38,29 -1,29% -2,55%
April 34,79 39,29 (e)37,79 -1,31% -3,82%
May 34,79 39,29 (e)37,79 0,00% -3,82%
June 34,79 39,29 (e)37,79 0,00% -3,82%
July 34,79 39,79 (e)37,79 0,00% -5,03%
August 34,79 40,29 (e)38,79 +2,65% -3,72%
September 35,29 40,79  
October 36,29 40,79  
November 37,29 40,79  
December 37,79 40,79  
Average 35,92 39,87 38,35
Change¹ % -4,12% +11,02% -2,70%
Last Update: 2018-09-17
1) change from the same period of previous year
*: Milk collection indicative cost included(1,2911€/100lt)
VAT excl.
(e) = estimated price
Source: Processed by CLAL
 
Spot Milk
Average price of Lodi spot milk * (€/100 lt.)
Month 2016 2017 2018 ± on prev.
month.
± % from
2017
January 31,96 39,18 36,41 -8,58% -7,07%
February 29,38 39,31 31,19 -14,34% -20,66%
March 25,65 37,18 30,31 -2,81% -18,47%
April 23,46 34,97 31,36 +3,46% -10,32%
May 25,52 37,89 33,38 +6,44% -11,90%
June 29,77 42,92 39,63 +18,73% -7,66%
July 34,28 44,49 39,49 -0,36% -11,24%
August 35,44 45,28 41,50 +5,09% -8,35%
September 39,00 45,56 41,69 +0,47% -8,49%
October 42,66 44,38 43,56 +4,48% -1,86%
November 44,85 43,47  
December 42,40 39,82  
Average 33,70 41,20 36,85
Change¹ % -4,86% +22,28% -10,37%
Last Update: 2018-10-15
1) change from the same period of previous year
*: ex dairy prices, inclusive of freight costs, VAT excl.
Source: Lodi Chamber of Commerce