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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 Milan 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 Northern Italy - €/100 lt (excluding VAT)²
Survey Date
€ per 100 lt
Min Max ± on prev. price
Monday 6 Jul 2020
35,05 37,12 0,00%
Monday 29 Jun 2020
35,05 37,12 0,00%
Monday 22 Jun 2020
35,05 37,12 -1,41%
Monday 15 Jun 2020
35,57 37,63 -1,39%
Monday 8 Jun 2020
36,09 38,15 +5,88%
Monday 1 Jun 2020
CLOSED  
Monday 25 May 2020
34,02 36,09 +9,68%
Monday 18 May 2020
30,93 32,99 +10,71%
Monday 11 May 2020
28,35 29,38 +7,69%
Monday 4 May 2020
25,78 27,84 -3,70%
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 Northern Italy - €/100 Kg (excluding VAT)²
Survey Date
€ per 100 Kg
Min Max ± on prev. price
Monday 6 Jul 2020
34,00 36,00 0,00%
Monday 29 Jun 2020
34,00 36,00 0,00%
Monday 22 Jun 2020
34,00 36,00 -1,41%
Monday 15 Jun 2020
34,50 36,50 -1,39%
Monday 8 Jun 2020
35,00 37,00 +5,88%
Monday 1 Jun 2020
CLOSED  
Monday 25 May 2020
33,00 35,00 +9,68%
Monday 18 May 2020
30,00 32,00 +10,71%
Monday 11 May 2020
27,50 28,50 +7,69%
Monday 4 May 2020
25,00 27,00 -3,70%
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)
2015 2016 2017 2018 2019 2020 % on prev. month % on 2019 2020 % on prev. month % on 2019
January 32,13 27,84 36,86 28,09 38,15 40,38 -6,00% +5,86% 41,58 -8,68% -5,79%
February 33,25 25,88 36,09 25,65 38,34 40,21 -0,43% +4,87% 41,07 -1,24% -7,63%
March 33,51 23,88 35,18 29,38 36,09 35,23 -12,39% -2,38% 33,51 -18,41% -22,16%
April 31,10 22,17 34,19 30,41 33,89 29,56 -16,10% -12,80% 32,22 -3,85% -21,38%
May 29,64 23,87 37,37 31,10 34,93 30,67 +3,78% -12,18% 33,25 +3,20% -17,70%
June 31,75 28,29 42,40 38,53 39,05 36,47 +18,91% -6,60% 37,37 +12,40% -14,20%
July 33,89 33,51 43,97 38,15 43,41 36,09 -1,06% -16,86% 36,60 -2,07% -23,16%
August 34,97 34,19 46,40 41,15 42,27
September 34,22 39,56 45,69 41,56 44,64
October 34,54 43,30 43,71 43,15 44,85
November 33,92 46,27 41,76 44,72 44,46
December 30,59 41,41 36,26 40,90 42,96
Average* 32,79 32,51 39,99 36,07 40,25 35,51 36,51
Change (1) -16,39% -0,85% +22,99% -9,81% +11,61% -5,78% -15,98%
* Arithmetic Average
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: CLAL Survey)
  • industrial costs for milk processing into butter: 22 € per 100 kg of butter (Source: CLAL Survey)
  • 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.
UK trade data for the period Jan - Apr 2020 are provisional