Differences in farming systems can have an impact on the price outcome, even within a region. Find out more.
Latest Australian Update
Warmer Oceans Influencing Weather Outlook
Below median rainfall is expected for some regions in the south, with equal chance of above and below median rainfall for most of the country from May to July The Bureau of Meteorology (BoM) latest long-range forecast is for warmer than median temperatures for almost...
Victoria Agrees to Revamped MDB Plan
After refusing an extended $13bn Murray-Darling Basin Plan (MDBP) last year, Victoria has changed its tune, while affirming the state’s stance against voluntary water purchasing from farmers. By agreeing to the plan, Victoria’s water minister Harriet Shing has...
Review Calls for Mandatory Supermarket Code
An interim report recommending a mandatory code of conduct for supermarkets with hefty financial penalties for breaches has been delivered to the Australian Government. The review recommended current voluntary guidelines be made into legally-binding obligations....
Latest Global Update
GDT Stalls
The price index edged 0.1% higher at event #354 on a reduced offering for now but news of higher deliveries in coming months. SMP was flat on average, down 0.4% to US$2,541/t as later contract periods flattened, offsetting a 2.6% increase in Fonterra MH C2 price....
NZ: Fonterra Plant Closures
Fonterra will close a number of ageing plants at two Waikato sites in an effort to optimize operations. Fonterra’s Waitoa PDC, a coal centre and two dryers in Te Rapa are no longer efficient to operate and will close later this year. The Te Rapa driers will close...
Prices Lift on Pulse
Regular grade WMP prices rose at this week’s GDT Pulse event with prices up 0.6% against GDT event #353 and 5.1% ahead of the previous Pulse event at US$3,215/t. Instant WMP settled at US$3,310/t, taking the weighted average WMP price to US$3,280/t. Futures settled...
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Read FAQ about the Milk Value Portal
This ADPF article discusses the 2022/23 season’s milk supply agreements
Listen to the Business of Dairy Podcast with ADPF executive director Janine Waller
See the Milk Value Portal Factsheet
See the latest Quarterly Insights from Freshagenda
Read the Milk Value Portal Flipbook
ADPF president Grant Crothers explains how the Milk Value Portal can help restore trust between farmers and processors
Check for changes in processor contracts
Read important details of the Dairy Code of Conduct and the ADPF template for code-compliant contract terms
Watch the video on why the world dairy markets matter
Watch the overview animation prepared by Dairy Australia, explaining how the Farmgate Milk Value tool is of use to you
Watch ADPF’s presentation of the Milk Value Portal at The ABARES Outlook 2022 Conference – Growing agriculture through innovation and sustainability