Whole pasteurised "Spot" milk from foreign Countries
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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)
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Italy, Verona - Weekly prices of Whole pasteurised 'spot' Milk - 3,6% p.v. fat, from foreign countries (predom. from GERMANY - AUSTRIA) bulk in the tank, free destination dairy Northern Italy - €/100 lt (excluding VAT)² |
Survey Date
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Monday 7 Oct 2024
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Monday 30 Sep 2024
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Monday 23 Sep 2024
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Monday 16 Sep 2024
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Monday 9 Sep 2024
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Monday 2 Sep 2024
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Monday 26 Aug 2024
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Monday 19 Aug 2024
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Monday 12 Aug 2024 |
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Monday 5 Aug 2024 |
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n.q.: not quoted price
² The price is inclusive of freight Source: Verona Chamber of Commerce - data processed by CLAL |
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Italy, Verona - Weekly prices of Whole pasteurised 'spot' Milk - 3,6% p.v. fat, from foreign countries (predom. from GERMANY - AUSTRIA) bulk in the tank, free destination dairy Northern Italy - €/100 Kg (excluding VAT)² |
Survey Date
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Monday 7 Oct 2024
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Monday 30 Sep 2024
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Monday 23 Sep 2024
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Monday 16 Sep 2024
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Monday 9 Sep 2024
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Monday 2 Sep 2024
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Monday 26 Aug 2024
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Monday 19 Aug 2024
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Monday 12 Aug 2024 |
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Monday 5 Aug 2024 |
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n.q.: not quoted price
² The price is inclusive of freight Source: Verona Chamber of Commerce - data processed by CLAL |
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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
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€/100 lt |
ITALY, VERONA Whole pasteurised Spot milk pred. from Germany and Austria(2) |
ITALY, VERONA Raw spot milk(2)
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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 |
45,36 |
-3,03% |
+15,60% |
46,78 |
-4,72% |
-5,35% |
April |
33,89 |
29,56 |
36,34 |
56,19 |
37,12 |
43,20 |
-4,77% |
+16,39% |
45,57 |
-2,59% |
-2,59% |
May |
34,93 |
30,67 |
36,70 |
56,29 |
38,73 |
46,27 |
+7,10% |
+19,47% |
50,39 |
+10,58% |
+4,97% |
June |
39,05 |
36,47 |
38,66 |
61,86 |
46,85 |
52,19 |
+12,81% |
+11,42% |
56,32 |
+11,76% |
+4,67% |
July |
43,41 |
35,83 |
39,95 |
65,86 |
47,74 |
55,26 |
+5,88% |
+15,77% |
58,87 |
+4,53% |
+8,97% |
August |
42,27 |
37,63 |
41,07 |
66,33 |
46,91 |
61,34 |
+11,01% |
+30,77% |
63,66 |
+8,14% |
+20,78% |
September |
44,64 |
39,31 |
43,95 |
68,69 |
51,03 |
67,53 |
+10,08% |
+32,32% |
67,53 |
+6,07% |
+21,58% |
October |
44,85 |
39,18 |
47,94 |
69,08 |
53,10 |
68,05 |
+0,76% |
+28,16% |
68,05 |
+0,76% |
+19,78% |
November |
44,46 |
39,38 |
51,29 |
67,02 |
55,16 |
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December |
42,96 |
36,60 |
52,07 |
62,72 |
52,07 |
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Average* |
40,25 |
36,70 |
41,61 |
60,65 |
46,56 |
53,42 |
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55,86 |
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Change (1) |
+11,61%
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-8,82%
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+13,37%
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+45,75%
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-23,24%
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+18,33%
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+5,61%
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* Arithmetic Average
1) change from the same period of previous year |
2) VAT not included |
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CALCULATION NOTES:
Returns derived from SMP + Butter processing are based on the following assumptions:
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CALCULATION NOTES::
Returns derived from SMP + Butter processing are based on the following assumptions:
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
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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.
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