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Farm-gate and spot prices of milk

Please find here below:
  • a graph showing the comparison between farm-gate milk price in Lombardy and the average spot milk price in Milan;
  • tables containing the related prices of milk
It is interesting to note that the domestic spot milk prices follows the trend of the imported bulk milk price.
The comparison, then, between the Lombardy raw milk price (determined yearly) and the spot milk price, becomes the base for negotiation of milk prices on an yearly basis by dairy farmers and/or dairy manufactures.

* The Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce registers prices of goods traded by Processors that, considering their significant volumes, are important on the territory. The Chamber of Commerce makes use of technical commissions, expressly assigned, to ascertain the prices. Prices ascertained have a pure informative value and refer to the market situation on a indicated period.

Month 2020 2021 2022 2023 2024 ± on prev.
month.
± % from
2023
January 40,79 38,79 42,79 61,29 (e)51,29 +1,99% -16,32%
February 39,79 38,79 43,79 58,79 (e)51,29 0,00% -12,76%
March 38,79 38,79 44,79 58,79 (e)51,79 +0,97% -11,91%
April 38,29 38,79 49,29 55,29 (e)52,79 +1,93% -4,52%
May 37,79 38,79 49,29 54,29 (e)52,79 0,00% -2,76%
June 37,79 39,29 49,79 53,29  
July 37,79 39,79 56,29 52,79  
August 37,79 39,79 56,29 51,79  
September 37,79 39,79 58,29 51,29  
October 37,79 40,29 58,29 50,79  
November 38,29 40,79 59,29 50,29  
December 38,29 41,79 61,29 50,29  
Jan-May 39,09 38,79 45,99 57,69 51,99
Change¹ % -6,46% -0,77% +18,56% +25,44% -9,88%
Average 37,13 38,33 51,17 52,79
Change¹ % -8,62% +3,25% +33,48% +3,18%
Last Update:14-06-2024
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Milk collection indicative cost included(1,2911€/100lt)
VAT excl.
(e) = estimated price
Source: Processed by CLAL
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Month 2020 2021 2022 2023 2024 ± on prev.
month.
± % from
2023
January 40,98 35,38 46,14 55,22 50,84 -8,79% -7,93%
February 39,56 37,57 47,30 53,29 47,94 -5,70% -10,04%
March 34,97 35,16 49,17 48,33 46,20 -3,63% -4,40%
April 31,32 33,12 52,58 44,59 44,85 -2,93% +0,58%
May 32,09 35,00 55,47 46,01 49,62 +10,63% +7,84%
June 36,24 38,40 62,18 52,19 55,07 +11,00% +5,51%
July 36,28 41,05 67,14 52,99  
August 35,51 40,40 66,69 51,89  
September 36,47 41,63 69,14 53,81  
October 35,96 44,33 69,98 55,31  
November 36,55 48,01 69,40 57,61  
December 36,21 49,10 65,92 55,74  
Jan-Jun 35,86 35,77 52,14 49,94 49,09
Change¹ % -14,97% -0,25% +45,75% -4,22% -1,71%
Average 35,95 39,82 59,72 52,50
Change¹ % -18,57% +10,79% +49,96% -12,10%
Last Update:17-06-2024
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Italian spot milk price refers to a milk ex-Northern Italy including quality premiums.
Source: Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce
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