International Milk Prices Notes

Notes:

  • Arla Foods – Differences listed in published table may also factor in currency fluctuations. Prices above have been converted to Euros and adjusted for Irish milk constituents of 3.9% Fat / 3.35% protein
  • Fonterra – Differences listed in published table may also factor in currency fluctuations. Prices above have been converted to Euros and adjusted for Irish milk constituents of 3.9% Fat / 3.35% protein.
  • FrieslandCampina – Prices are reflective of Irish milk constituents of 3.9% Fat / 3.35% protein.
  • GDT Whole Milk Powder (WMP) – Differences listed in published table factor in currency fluctuations. Prices have been converted into a cent per litre on the basis there will be 7690 litres of Irish Milk used to produce one tonne of powder. As Fonterra use GDT to help calculate their Farmgate milk prices, we have used Fonterra’s processing and sales costs figures to help estimate corresponding Irish processing and sales costs of 8.6 cent per litre (to process WMP powder). This cent per litre prices does not include associated freight / shipping costs and customs duties and should serve as a guide estimate only.
  • USA Class III Milk – Differences listed above may also factor in currency fluctuations. Prices above have been converted to Euros and adjusted for Irish milk constituents of 3.9% Fat.
  • IFCN World Milk Prices – Differences listed in published table may also factor in currency fluctuations. Prices as stated on the IFCN website for Energy Corrected Milk milk with 3.3% Protein and 4.0% Butterfat. We have recalculated these prices to closer reflect Irish milk constituents of 3.9% Fat and 3.35% Protein.

Russian Farmgate Milk Price – Differences listed in published table may also factor in currency fluctuations. Prices as stated by the Russian Ministry for Agriculture & are not converted to Irish Milk Constituent values and should serve as a guide only