Differences in farming systems can have an impact on the price outcome, even within a region. Find out more.
Learn more about the 2024-25 season and influences on this season’s farmgate milk prices.
Latest Australian Update
May Consumer Mood Boost
The Westpac-Melbourne Institute consumer sentiment index rose 2.2% in May to 92.1. While the index is 12% higher YOY, a reading below 100 indicates pessimists still outnumber optimists. All but one of the five subindices improved from April to May, but still sit...
Mixed Conditions For Crops
Seeding is underway but confidence is mixed according to Bendigo Bank’s Cropping Update. Queensland, northern NSW and southern WA are tracking well with good soil moisture and strong sowing progress. In contrast, SA is critically dry and confidence is slipping on the...
Dry Drives Sharp Drop in Cattle Prices
Young cattle prices are dropping as producers in drought-hit areas offload cattle rather than feed through winter. Most cattle market categories have reported sharp declines in prices. Agents anticipate the flood of supplies in the south will continue for at least...
Latest Global Update
Pulse Prices Declines
Regular grade WMP and medium heat SMP prices fell at this week’s Pulse compared to last week’s GDT #379. Regular grade WMP settled at US$4,335/t, declining 3% from GDT #379 but 3.3% above prices achieved at the prior Pulse event. The nearest SGX-NZX futures contract...
More Chinese Manufacturing Milk In March
Chinese milk production declined 2.9% YOY in March – the 10th successive monthly contraction, according to the latest China Dairy Monthly Report. Liquid milk consumption fell 10.1% YOY for the month, implying a 14% increase in “manufacturing milk”. Weekly milk prices...
GDT Delivers Stunning Result
GDT #379 delivered a 4.6% price index increase. Despite the uncertainty facing the global economy, particularly trade in the Asian region suppliers showed up to secure product at the smallest offering of the season. WMP regular product lifted almost 9% to US$4,470/t,...
Site News
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