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

Beston Delays Milk Payments

Beston Global Food Company has asked its farmer suppliers to wait for full payment of their milk. In April, the processor withheld 15% of farmers farmgate milk price payments. Beston cites cashflow problems and difficult market conditions for the decision to delay...

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Dairy Australia Situation & Outlook

The latest Situation & Outlook from Dairy Australia (DA) shows farmers remain confident about the industry future with the majority still making an operating profit. DA expects milk production to finish 2% to 3% higher YOY in the 2023/24 season at 8.35bn litres....

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Seasonal Water Outlook Released

The Resource manager for northern Victorian water systems has updated the outlook for 2024/25 seasonal determinations. Reserves established in water storages during 2023/24 provided a strong foundation for carried over allocation and 2024/25. The opening determination...

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Latest Global Update

GDT price index up 3.3%

WMP prices rose 1.7% to average US$3,408/t at auction #356, with above average demand meeting increased volumes on offer from the previous event. Improved Chinese involvement helped the result, while SE Asian buyers kept volumes above the average to date in 2024. SMP...

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US Milk Down 0.4% in April

US milk production fell 0.4% YOY in April, the 10th consecutive monthly decline. Per cow yield increased 0.4% YOY on average, however cow numbers were down 0.8% YOY. At 9.34m head, the herd lost 74,000 milking cows over the past 12 months, and there 8,000 head less...

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Irish milk down 5.9% in March

Irish milk production was down 5.9% in March, according to an update from the Central Statistics Office. Irish milk continues to trend down, albeit at a slower rate than prior months. Fat content was 4.4% up from 4.35% in March 2023, while protein composition fell...

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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.