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347.07 370.17 717.24 4 35.45 12.68 370.17 35.45 334.71 20.00 1.41 353.30

EU: SMP and BUTTER Payout
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:
Deutsche Markenbutter 82% lose value - Hannover, Germany (current price)
Skimmed Milk Powder (SMP) value (Magermilchpulver ADPI-Extra) - Germany (current price)
Skimmed Milk Powder (SMP) value (Magermilchpulver Sprühware, lose) - Germany (current price)
Processing costs for 100 kg of Butter produced
Processing costs for 100 kg of Skimmed Milk Powder (SMP) produced
Kg of Skimmed Milk Powder (SMP) obtained from 100 kg of Skimmed Milk

INITIAL VARIABLES:
100 Kg of Whole Milk with 4% p.p fat
and 3.4% p.p. protein
 
TRANSFORMATION of Whole Milk with 4% p.p. fat:
a. CREAM 40%: 10 Kg
     which produces:
     BUTTER 82%: 4.88 Kg
b. SKIMMED MILK: 90 Kg
    which produces:
    SKIMMED MILK POWDER (SMP) *: 9.33 Kg
    (10.37 Kg of SMP are obtained from 100 kg of Skimmed Milk)
     THEREFORE 1 Kg of SMP is obtained from 9.65 Kg of Skimmed Milk)
 
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.



Your values		 Current prices and
indicative values
Price Markenbutter €/tons 7115
Price SMP ADPI-Extra €/tons 4130
Price SMP lose €/tons 3805
Average Price SMP 3968 €/tons 3968
SMP from 100kg of skim milk Kg 10.37
Cost transf. into Butter €/100kg 26
Cost transf. into SMP €/100kg 38
Theoretical price 66.91 €/100kg 66.91
CALCULATE RESET
PROCESSED by CLAL
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.
A user's comment is welcome