Want to find out how farmgate milk values are determined by processors in Australia? Check out this page.
Differences in farming systems can have an impact on the price outcome, even within a region. Find out more.
Learn more about the current season and influences on this season’s farmgate milk prices.
Latest Australian Update
Aussie Dollar Jumps Higher
The Australian dollar spiked in value by 0.67% toward the end of last week to its highest weekly close in seven weeks. While the war in Iran has weighed heavily on the global economy, news that the US Treasury had jointly intervened with Japan to prop up the yen for...
Domino’s Makes Big Changes
Domino’s closed 29 stores and ended some customer deals like $5 pizzas on Friday nights in an effort to protect franchisee profits following a massive financial hit. This came after the Australian branch of the global chain revealed significant losses ahead of its...
Top 5 Milk Production to Grow 1.6% in 2026
According to USDA’s latest “Dairy: World Markets and Trade” report, milk supply from the top 5 global exporting countries is projected to increase 1.6% in 2026, reflecting increases across all suppliers. The US has the largest herd in more than 30 years, but...
Latest Global Update
GDT #409 Index Marginally Higher
The GDT Index rose 0.1%, with mixed trends across commodities. North Asia returned as the leading buyer at this event, and the Middle East increased its share of purchases across the board compared to the same auction last year. Milk supplies are comfortable and...
China’s Milk Supply Continues to Slow
milk production declined 5.8% YOY in June according to the latest China Dairy Monthly Report. This was the sixth consecutive monthly decrease, with milk production estimated at 34.02bn kg over the last year. Liquid milk consumption was +4.0% YOY for the month,...
Fonterra Milk Collections Grow
In its latest Global Dairy Update Fonterra reported year-over-year increases in milk collections in June due to favourable pasture conditions and feed availability. Milk production rose 1m kgMS YOY to 14.0m kgMS in the North Island, while milk collections in the South...
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