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EU Farmgate Milk Prices. Published 10 April 17. The February EU weighted average milk price stood at â¬33.32/100kg (29.26ppl), down â¬0.11/100kg (0.3%) on the previous month. In pence per litre, the price was down on January by 0.37ppl (1.2%).
The CN-17BE farm operated with a marginal level of cost and milk price as this country had a cost of 43.86 US-$/100 kg, which was slightly higher than the average cost of milk production among the countries analyzed in this study. The average milk price was approximately 48.86 US-$/100 kg.62 Journal of Reviews on Global Economics, 2014, Vol. 3 Hemme et al. Cost of Milk Production Worldwide i) Total Costs of Dairy Enterprise The total costs of milk production analyzed in this study are depicted in Figure 5.