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INDIA: SMP + Ghee Payout

Skimmed milk powder (SMP) and Ghee are two of the main dairy products of India. During winter Indian dairy companies produce SMP for meeting the country's ever growing full-year demand of liquid milk.
SMP and Ghee prices are used as reference to deduce, with a mathematical calculation, the theoretical value of the milk used for their production.


INITIAL VARIABLES:
100 LT of Whole Milk with 3.5% p.p. Fat
and 8.5% p.p. Solids-non-fat (SNF)
100 LT of Whole Milk = 103 Kg of Whole Milk
PROCESSING of Whole Milk with 3.5% p.p. fat, 8.5% p.p. SNF
a. 3.5% p.p. Fat *103 Kg Milk = 3.61 Kg of FAT
which produces:
3.61 Kg of GHEE
b. 8.5%p.p. SNF *103 Kg Milk = 8.76 Kg of SNF
which produces:
9.12 Kg of SMP
330 325 300.00 200 0.040 0.090
Your values Current prices
and indicative values
Price MIN Ghee Rs/Kg 330 Rs/Kg
Price MAX Ghee Rs/Kg 330 Rs/Kg
Average Price Ghee 330.0 Rs/Kg 330.0 Rs/Kg
Price MIN SMP Rs/Kg 320 Rs/Kg
Price MAX SMP Rs/Kg 330 Rs/Kg
Average Price SMP 325.0 Rs/Kg 325.0 Rs/Kg
Processing Cost Rs/100LT 300 Rs/100LT
P-P Expenses* Rs/100LT 200 Rs/100LT
Theoretical price 3654 Rs/100LT
49.22USD/100Kg
3654 Rs/100LT
49.22 USD/100Kg
CALCULATE RESET
*Post Procurement Expenses

European Union, USA and New Zealand are the largest dairy Exporters.
Please see below the lastest monthly average prices of Butter (82% fat) and SMP in these Countries:

/Kg International SMP price
Oceania USA Germany
2019 2020 % vs '19 2019 2020 % vs '19 2019 2020 % vs '19
January 168 216 +28,8% 152 197 +30,1% 153 208 +35,7%
February 182 213 +17,4% 156 193 +24,1% 159 204 +28,4%
March 180 148 154
April 177 151 152
May 179 159 163
June 166 160 164
July 174 157 160
August 184 162 168
September 188 166 173
October 194 179 187
November 214 189 199
December 212 195 206
Average 185 215   164 196   169 206  
/Kg International BUTTER price
Oceania USA Germany
2019 2020 % vs '19 2019 2020 % vs '19 2019 2020 % vs '19
January 295 288 -2,2% 351 299 -14,8% 362 287 -20,5%
February 311 303 -2,5% 357 283 -20,8% 349 281 -19,5%
March 332 348 325
April 389 347 326
May 393 360 320
June 334 366 303
July 299 363 285
August 299 358 282
September 295 341 285
October 293 331 289
November 296 322 287
December 282 311 287
Average 318 292   346 293   309 285  
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