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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)
 
Survey Date
€ per 100 lt
Min Max ± on prev. price
Monday 26 Feb 2024
45,36 46,40 0,00%
Monday 19 Feb 2024
45,36 46,40 -2,20%
Monday 12 Feb 2024
46,40 47,43 -3,19%
Monday 5 Feb 2024
47,94 48,97 -1,05%
Monday 29 Jan 2024
48,46 49,49 0,00%
Monday 22 Jan 2024
48,46 49,49 +2,15%
Monday 15 Jan 2024
47,43 48,46 +2,20%
Monday 8 Jan 2024
46,40 47,43 -6,19%
Monday 1 Jan 2024
CLOSED  
Monday 25 Dec 2023
CLOSED  
n.q.: not quoted price
² The price is inclusive of freight
Source: Verona Chamber of Commerce - data processed by CLAL
Survey Date
€ per 100 Kg
Min Max ± on prev. price
Monday 26 Feb 2024
44,00 45,00 0,00%
Monday 19 Feb 2024
44,00 45,00 -2,20%
Monday 12 Feb 2024
45,00 46,00 -3,19%
Monday 5 Feb 2024
46,50 47,50 -1,05%
Monday 29 Jan 2024
47,00 48,00 0,00%
Monday 22 Jan 2024
47,00 48,00 +2,15%
Monday 15 Jan 2024
46,00 47,00 +2,20%
Monday 8 Jan 2024
45,00 46,00 -6,19%
Monday 1 Jan 2024
CLOSED  
Monday 25 Dec 2023
CLOSED  
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)
2019 2020 2021 2022 2023 2024 % on prev. month % on 2023 2024 % on prev. month % on 2023
January 38,15 40,38 35,74 48,71 47,04 48,20 -7,43% +2,47% 52,32 -9,10% -8,56%
February 38,34 40,21 38,40 51,16 43,69 46,78 -2,94% +7,08% 49,10 -6,16% -10,04%
March 36,09 35,23 37,22 53,87 39,24
April 33,89 29,56 36,34 56,19 37,12
May 34,93 30,67 36,70 56,29 38,73
June 39,05 36,47 38,66 61,86 46,85
July 43,41 35,83 39,95 65,86 47,74
August 42,27 37,63 41,07 66,33 46,91
September 44,64 39,31 43,95 68,69 51,03
October 44,85 39,18 47,94 69,08 53,10
November 44,46 39,38 51,29 67,02 55,16
December 42,96 36,60 52,07 62,72 52,07
Average* 40,25 36,70 41,61 60,65 46,56 47,49 50,71
Change (1) +11,61% -8,82% +13,37% +45,75% -23,24% +4,69% -9,28%
* 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:
  • SMP average monthly price (ADPI and lose)
  • Butter 83% fat average monthly price - Hannover (D)
  • Skimmed Milk Powder (SMP) yield is 10,37 kg per 100 Kg of skimmed milk
  • industrial costs for milk processing into SMP: 38 € per 100 kg of SMP; Since January 2022 61 € per 100 kg (Source: CLAL Survey)
  • industrial costs for milk processing into butter: 26 € per 100 kg of butter (Source: CLAL Survey)
  • transport price from Monaco to Milan: 3.5 € per 100 kg of milk

 
 
  CALCULATION NOTES::

Returns derived from SMP + Butter processing are based on the following assumptions:
  • SMP average monthly price (ADPI and lose)
  • Butter 83% fat average monthly price - Hannover (D)
  • Skimmed Milk Powder (SMP) yield is 10,37 kg per 100 Kg of skimmed milk
  • industrial costs for milk processing into SMP: 38 € per 100 kg of SMP; Since January 2022 61 € per 100 kg (Source: CLAL Survey)
  • industrial costs for milk processing into butter: 26 € per 100 kg of butter (Source: CLAL Survey)
  • transport price from Monaco to Milan: 3.5 € per 100 kg of milk


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.
Due to extraordinary maintenance, some components of the site may not work as expected. We apologize, and invite you to report any inaccuracies.