EEX Liquid Milk (Frankfurt, DE)
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- Only slowly increasing delivery volumes - scarce availability of raw materials
- High demand for semi-hard cheese in retail and gastronomy
- Strong demand for butter and fat spreads,
- European suppliers win new export orders in North Africa
- Uncertainties in the contract negotiations
- Inconsistent price trends on the spot market
- Lower trading activity on the EEX
You see historical data because you're not logged in or not a ZMP Live+ member. Get your information advantage now!
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Specification
08:45 - 18:00 (MEZ)
last trading day until 12:00 CET
Exchange Trading: 08:55 - 18:00 (CET); last trading day until 12:00 CET
EEX Liquid Milk spot / futures market prices & news
As a subsidiary of Eurex in Eschborn, EEX offers financially settled futures contracts on dairy products and processing potatoes for clearing in the agricultural sector. There is no possibility of physical settlement on the EEX.
All products are settled financially at maturity (cash settlement). Reference prices that adequately reflect the value of the traded products are used for this purpose. These price indices also increase market transparency in futures contracts.
European Union
In trade within the European Union, only milk from cows may be referred to as "milk". In the case of milk from other mammals, the animal species must also be specified (e.g. goat's milk, sheep's milk, horse's milk or mare's milk, donkey's milk, yak's milk, camel's milk, buffalo's milk).[5] Accordingly, soy drinks are not labeled as "soy milk" in trade.
In the EU, there are numerous regulations relating to milk, such as the Milk Regulation, the Milk Quality Regulation and the EU Food Hygiene Regulation.
In Germany, milk is classified into commercial classes by the Milk Quality Ordinance. The criteria include the total bacterial count (low values indicate farm hygiene and good animal health), protein and fat content, freezing point (deviations indicate stretching with water) and inhibitors such as antibiotics, which hinder the further processing of the milk into yoghurt or cheese and lead to the farmer's delivery being stopped.
