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
Australian Consumer Confidence Falls
Australian consumer sentiment fell 4.7% to a reading of 80.4 in October. Westpac said the reading is among the forty worst reads since the survey commenced in the early 1970s. Consumers are primarily concerned with cost-of-living, higher fuel prices and interest...
Calls for Clear Origin Labelling
Victorian dairy and horticulture leaders are calling for clearer, more prominent country-of-origin labelling on supermarket packaging and online. United Dairyfarmers of Victoria acting President Mark Billing says Woolworths recently changed the supplier of its...
Inflation Hits 3-Month High
Australia’s annual inflation rate increased to 4.0% in August, up from +3.5% in July, but was somewhat below market expectations. Housing and transport inflation were the main drives behind the overall trend, while dairy inflation somewhat eased from the prior month...
Latest Global Update
GDT Index Lifts
The GDT Index rose 1.2% at event #413. SMP led the field, consistent with global trends and bolstered by high relative demand as the NZ C2 SMP premium compared to WMP further increased. Butterfat prices remained under pressure from rising Oceania supplies heading into...
Australian Exports Remain Weak
MSE exports fell 2.2% YOY in August and were down 3.8% season-to-date. Cheese exports were patchy in recent months but rose 5.9% YOY in August and were marginally higher in the first two months of the season (+0.9%). SMP exports continued to decline, down 10% YOY in...
US Cheese Stocks are Building
Total cheese stocks finished August at 654,414t, up 2,015t from the prior month and +14,691t from the same month last year. While this report on the surface is bearish, it may have a limited market impact as cheese prices are already quite low. August butter stocks...
Site News
In September 2026, Dairy Australia made historical revisions to milk output data which impacted the Australian commodity milk value calculations. Read more here.
Read FAQ about the Milk Value Portal
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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