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Whole pasteurised "Spot" milk from foreign Countries

This page contains the weekly prices of whole pasteurised "spot" milk from countries outside Italy, predominantly sourced from Germany and Austria, as determined by the Commission appointed by the Verona 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 graphs below show over a given period:
  • a comparison between the minimum and maximum prices for whole pasteurised "spot" milk from countries outside Italy, in Verona;
  • a comparison between the prices in Lodi and the prices in Verona for whole pasteurised "spot" milk from countries outside Italy;
  • a comparison between the prices for whole pasteurised "spot" milk from countries outside Italy and the prices for raw Italian "spot" milk in Verona.
  • a comparison between the prices for whole pasteurised "spot" milk from countries outside Italy and return derived on SMP + Butter processing of Germany and Oceania (Simulation)
 
Italy, Verona - Weekly prices of Whole pasteurised 'spot' Milk
3,6% p.v. fat, from foreign countries
(predom. from GERMANY - AUSTRIA)
bulk in the tank, free destination dairy
€ per 100 lt (VAT not included)²
Survey Date
€ per 100 lt
Min Max ± on prev. price
Monday 15 Oct 2018
42,27 43,82 0,00%
Monday 8 Oct 2018
42,27 43,82 +0,60%
Monday 1 Oct 2018
42,27 43,30 +1,22%
Monday 24 Sep 2018
41,76 42,79 +1,86%
Monday 17 Sep 2018
40,72 42,27 +1,26%
Monday 10 Sep 2018
40,21 41,76 -1,24%
Monday 3 Sep 2018
40,72 42,27 -1,23%
Monday 27 Aug 2018
41,24 42,79 0,00%
Monday 20 Aug 2018
41,24 42,79 +6,54%
Monday 13 Aug 2018
CLOSED  
n.q.: not quoted price
² The price is inclusive of freight
Source: Verona Chamber of Commerce - data processed by CLAL
Italy, Verona - Weekly prices of Whole pasteurised 'spot' Milk
3,6% p.v. fat, from foreign countries
(predom. from GERMANY - AUSTRIA)
bulk in the tank, free destination dairy
€ per 100 Kg (VAT not included)²
Survey Date
€ per 100 Kg
Min Max ± on prev. price
Monday 15 Oct 2018
41,00 42,50 0,00%
Monday 8 Oct 2018
41,00 42,50 +0,60%
Monday 1 Oct 2018
41,00 42,00 +1,22%
Monday 24 Sep 2018
40,50 41,50 +1,86%
Monday 17 Sep 2018
39,50 41,00 +1,26%
Monday 10 Sep 2018
39,00 40,50 -1,24%
Monday 3 Sep 2018
39,50 41,00 -1,23%
Monday 27 Aug 2018
40,00 41,50 0,00%
Monday 20 Aug 2018
40,00 41,50 +6,54%
Monday 13 Aug 2018
CLOSED  
n.q.: not quoted price
² The price is inclusive of freight
Source: Verona Chamber of Commerce - data processed by CLAL
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 (Industry and Agriculture) 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
 
€/100 lt ITALY, VERONA
Whole pasteurised
Spot milk pred. from
Germany and Austria(2)
ITALY, VERONA
Raw spot milk(2)
2013 2014 2015 2016 2017 2018 % on prev. month % on 2017 2018 % on prev. month % on 2017
January 39,95 47,77 32,13 27,84 36,86 28,09 -22,51% -23,78% 36,79 -11,15% -7,31%
February 39,63 44,46 33,25 25,88 36,09 25,65 -8,72% -28,93% 32,99 -10,33% -15,79%
March 39,44 41,76 33,51 23,88 35,18 29,38 +14,57% -16,48% 30,35 -8,01% -19,21%
April 41,37 36,60 31,10 22,17 34,19 30,41 +3,51% -11,06% 31,79 +4,74% -9,76%
May 42,53 34,54 29,64 23,87 37,37 31,10 +2,26% -16,78% 32,91 +3,51% -13,45%
June 44,33 41,63 31,75 28,29 42,40 38,53 +23,90% -9,12% 39,69 +20,63% -7,78%
July 46,50 38,92 33,89 33,51 43,97 38,15 -1,00% -13,25% 39,59 -0,26% -10,28%
August 50,00 38,66 34,97 34,19 46,40 41,15 +7,88% -11,30% 42,01 +6,12% -8,68%
September 52,27 37,73 34,22 39,56 45,69 41,56 +0,99% -9,03% 42,08 +0,15% -7,64%
October 53,48 37,24 34,54 43,30 43,71 42,96 +3,36% -1,73% 43,56 +3,52% -1,52%
November 53,48 37,12 33,92 46,27 41,76
December 50,91 34,19 30,59 41,41 36,26
Arithmetic average 46,16 39,22 32,79 32,51 39,99 34,70 37,18
Change (1) +23,06% -15,03% -16,39% -0,85% +22,99% -13,65% -9,91%
1) change from the same period of previous year
2) VAT not included
  = min price
  = max price
  CALCULATION NOTES:

Returns derived from SMP + Butter processing are based on the following assumptions:
 
 
  CALCULATION NOTES::

Returns derived from SMP + Butter processing are based on the following assumptions:

Returns derived from SMP + Butter processing in Oceania are based on the following assumptions:
  • SMP average monthly price (1.2)
  • Butter 82% fat average monthly price
  • Skimmed Milk Powder (SMP) yield is 10,37 kg per 100 Kg of skimmed milk
  • industrial costs for milk processing into SMP: 30 € per 100 kg of SMP (Source: Erhard Richarts)
  • industrial costs for milk processing into butter: 22 € per 100 kg of butter (Source: Erhard Richarts)
  • transport price from Monaco to Milan: 3.5 € per 100 kg of milk

 
DISCLAIMER: Clal seeks to ensure that the prices calculated by this interactive price system are accurate. However, Clal shall not in any event be liable for loss, or damage, howsoever suffered directly or indirectly in relation to the information produced, and no liability will be accepted for errors or omissions.
Clal recommend that if any action is considered due to information produced by the system, before any action is taken, all prices, assumptions, and other information required is checked with an appropriate person qualified to give advice.