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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
290 275 300.00 200 0.040 0.090
Your values Current prices
and indicative values
Price MIN Ghee Rs/Kg 290 Rs/Kg
Price MAX Ghee Rs/Kg 290 Rs/Kg
Average Price Ghee 290.0 Rs/Kg 290.0 Rs/Kg
Price MIN SMP Rs/Kg 270 Rs/Kg
Price MAX SMP Rs/Kg 280 Rs/Kg
Average Price SMP 275.0 Rs/Kg 275.0 Rs/Kg
Processing Cost Rs/100LT 300 Rs/100LT
P-P Expenses* Rs/100LT 200 Rs/100LT
Theoretical price 3053 Rs/100LT
41.31USD/100Kg
3053 Rs/100LT
41.31 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
2018 2019 % vs '18 2018 2019 % vs '18 2018 2019 % vs '18
January 114 168 +46,8% 97 152 +55,8% 107 153 +43,3%
February 126 182 +43,6% 102 156 +52,4% 109 159 +45,9%
March 123 180 +46,9% 101 148 +47,7% 105 154 +46,8%
April 127 177 +39,5% 106 151 +41,7% 107 152 +41,6%
May 139 179 +28,4% 122 159 +30,5% 120 163 +35,9%
June 143 166 +16,1% 122 160 +30,8% 127 164 +29,6%
July 139 174 +24,8% 117 157 +34,5% 122 160 +31,1%
August 140 184 +31,6% 129 162 +25,0% 128 168 +30,8%
September 150 188 +25,3% 139 166 +18,9% 140 173 +23,2%
October 149 194 +30,9% 142 179 +25,4% 135 187 +39,1%
November 147 208 +41,3% 142 183 +28,9% 133 196 +47,6%
December 141 143 139
Average 136 181   122 160   122 165  
/Kg International BUTTER price
Oceania USA Germany
2018 2019 % vs '18 2018 2019 % vs '18 2018 2019 % vs '18
January 302 295 -2,6% 303 351 +15,6% 321 362 +12,6%
February 325 311 -4,2% 298 357 +19,7% 371 349 -6,0%
March 346 332 -4,3% 316 348 +10,1% 389 325 -16,5%
April 367 389 +6,0% 335 347 +3,7% 439 326 -25,7%
May 388 393 +1,2% 354 360 +1,8% 478 320 -33,1%
June 386 334 -13,5% 349 366 +4,8% 480 303 -37,0%
July 357 299 -16,1% 338 363 +7,6% 446 285 -36,0%
August 334 299 -10,4% 351 358 +1,9% 455 282 -38,1%
September 315 295 -6,1% 359 341 -5,1% 464 285 -38,5%
October 306 293 -4,4% 367 331 -9,7% 411 289 -29,8%
November 296 296 -0,2% 357 323 -9,7% 366 286 -22,0%
December 270 344 356
Average 335 322   340 351   416 310  
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