Milk Value
Farmgate Milk Value Tool

Use the interactive tool to see what is being paid for milk in your region, with new season (2023/24) pricing now available

Milk Values
Milk Values

See how the commodity value of milk is tracking in the current season

AUS Dairy Market
Australian Dairy Market

Stay up to date with developments in the domestic Australian dairy market

Global Dairy Market
Global Dairy Market

Keep in touch with trends in commodity prices, global trade and major dairy exporters that affect the value of milk in the Australian industry

Want to find out what is influencing commodity prices and milk prices? Check out the Quarterly Insights report

Differences in farming systems can have an impact on the price outcome, even within a region. Find out more.

Learn more about the 2023-24 season and influences on this season’s farmgate milk prices.

Latest Australian Update

Saputo Flags New Season Price Range

Saputo has offered an early guidance range for the 2024/25 season, flagging a weighted average opening farmgate milk price of between $7.80 to $8.00 kgMS. Saputo expects opening farmgate milk prices will be reduced to factor in ongoing global and domestic market...

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Less Winter Rainfall Forecast

Unusually low rainfall for parts of southern and eastern Australia is part of the long-range outlook from the Bureau of Meteorology (BoM). Temperatures are expected to be above median for most of the country. Soil moisture is below average in southern parts of...

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Fonterra’s Milk Intake Lifts

Fonterra’s  March milk intake rose 0.7% YOY to 8.5mkg of milksolids as favourable weather boosted soil moisture and pasture growth. Season-to-date milk collections are tracking 1.2% ahead of the prior year at 83.3mkg of milksolids.  

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Latest Global Update

Fonterra Output Down in March

Fonterra milk collection fell 2.4% YOY in March to 134.4mkg of milksolids, with seasonal to date intake flat at 1,283.4m kg of milksolids. The fall in March output is attributed to unfavourable weather in the North Island, partially offset by good conditions in the...

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US March Milk Down 1%

US milk production fell 1% YOY in March according to the USDA, reflecting a continuing decline in the dairy herd. Average yield per cow was flat YOY while cow numbers were down 1% YOY in March. At 9.335m, March cow numbers were down 7,000 head on the prior month and...

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NZ March Milk Output Falls

Milk production was down 1.2% YOY on a solids basis in March, taking season-to-date production 1.1% ahead of the prior year. Milk intake fell 3.5% YOY on a volume basis with seasonal output trailing 0.2% behind the prior year comparable. The drop was just short of...

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Site News

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

Disclaimer: The Farmgate Milk Value Tool (FMVT) and broader Milk Value Portal website contain statements, analyses, opinions, information and conclusions which are provided only in an educational capacity and for guidance only.
The majority of content in the FMVT has been derived from data which has been provided by third parties.
Although ADPF has endeavoured to verify all content, neither ADPF nor Freshagenda represent or warrant that the information sourced from third parties is current, complete or accurate.