| Options | Products | Price (€) |
|---|---|---|
| Option 1 | SMP/Butter | 0 |
| Option 2 | WMP | 0 |
| Option 3 | Cheddar | 0 |
| Option 4 | Gouda | 0 |
| Option 5 | Acid Casein | 0 |
| Option 6 | Mozzarella | 0 |
The Milk Valorisation Calculator presented here is a web-based tool designed to help users calculate the valorisation of various dairy products based on their input quantities. This calculator is a valuable resource for traders, dairy farmers, and anyone involved in the dairy industry, as it allows them to estimate the value of different dairy products based on prevailing market prices.
The calculator takes user input in the form of quantities (in metric tons) for twelve different dairy products, including Skimmed Milk Powder (SMP), Butter 82%, Butterfat Price Adjustment (BMP), Whole Milk Powder (WMP), Acid Casein, Sweet Whey Powder (SWP), Cheddar, Gouda, Lactose, Whey Protein Concentrate 80 (WPC 80), Cream 40, and Mozzarella. Users enter the quantities they have or plan to produce for each of these dairy products.
The calculator uses a predefined formula to calculate the valorisation of each dairy product based on the input quantities and their respective market prices. The formula is straightforward:
Valorisation for a Dairy Product = (Quantity of the Product in Metric Tons) x (Market Price per Metric Ton in Euros)
For each dairy product, the calculator multiplies the user-entered quantity by the corresponding market price to determine its valorisation.
The results are displayed in a tabular format under the “Milk Valorisation Results” section. The table presents six different valorisation options (Option 1 to Option 6), each representing a combination of dairy products. The products in each option are strategically chosen to maximize the overall valorisation value.
The calculated valorisation values for each option are displayed in Euros (€). To enhance user clarity, the calculated values are rounded to whole numbers before display.
While the Milk Valorisation Calculator is a useful tool for estimating the potential value of dairy products, it does come with certain limitations:
Simplistic Model: The calculator uses a simplified model that assumes fixed market prices for dairy products. In reality, market prices can fluctuate rapidly, affecting the accuracy of the calculations.
Currency and Region Considerations: The calculator does not account for currency fluctuations or regional variations in market prices, which can significantly impact the actual valorisation.
Fixed Product Combinations: The calculator offers predefined valorisation options based on specific combinations of dairy products. These combinations may not align with a user’s actual production or market conditions.
No Historical Data: The calculator does not provide historical price data or the ability to analyze price trends, which can be crucial for long-term planning.
The Milk Valorisation Calculator serves as a handy tool for quick estimations of the potential value of dairy products based on market prices and user input quantities. However, users should keep in mind its limitations and consider it as a starting point for their dairy product valorisation analysis rather than a definitive financial planning tool. For more robust and accurate financial analysis, it is advisable to consult with industry experts and consider additional factors that may affect dairy product prices and production.