FrieslandCampina gives the guaranteed price for November a slightly calmer upward move than last month, but still a move. Due to market influences and a strong correction because of previously underestimated prices, €2.00 per 100 kilos is added. This increase also reflects the movement in the dairy market as a whole.
This brings the standard guaranteed price for November to €55.50 per 100 kilos. The organic guaranteed price also continues to rise, but at a slower pace. An additional €1.25 per 100 kilos is added, bringing the organic guaranteed price to €61.75 per 100 kilos. Here too, the increase can be attributed to a combination of indirect market influences and a 'substantial positive correction' for the past period.
Along with the announcement of the guaranteed prices for November, FrieslandCampina also introduces the Integral Milk Price for both standard and organic milk. This price reflects the total milk price members can receive including all surcharges, after deducting fixed costs and Foqus Planet deduction (fixed amount of 60 cents).
For November, the Integral Milk Price for standard milk amounts to €58.21 per 100 kilos. For organic milk, it amounts to €68.33 per 100 kilos. This also includes a €4.00 seasonal surcharge.
The reward for Planet Proof milk is outside this schedule and has a fixed additional price.