EU: SMP and BUTTER Payout |
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Our assumption for the calculation of the PAY OUT is based on the evidence that EU market milk destined to Butter and SMP (Skimmed Milk Powder) is in surplus and that these semi finished products are used in a wide range of fields such as in confectionery industry and, as regards to SMP, in animal feeding.
On this basis, wholesale price of SMP (applicable on the German market) and Butter price fixed on Hannover (Germany) market are used for the calculation of the indicative farm gate milk price. The variables used for the mathematical calculation are the following:
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However, each User can calculate its personal indicative price by inserting different variables from the proposed ones corresponding to the current monthly average prices.
The new values have to be inserted in the provided white field thus replacing the ones present at that moment. Click on Calculate to have the final value. Click on Reset to go back to the original values. |
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PROCESSED by CLAL |
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A user's comment is welcome | |||||||||||||||||||||||||||||||||||