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
Australia November Milk Marginally Lower
Milk production was marginally lower in November, down 0.2% YOY bringing season-to-date output 1.3% ahead of the prior year comparable. In Victoria, output edged up 0.2% YOY in November, with growth in Gippsland (+3.2% YOY) and Northern Vic (+2.5%) offset by a 5% YOY...
Wetter, Warmer Days For Australia
The Bureau of Meteorology’s (BoM) latest long-range forecast is for warmer days and nights across most of southern and eastern Australia from January to March. BoM is forecasting wetter than average conditions for large parts of eastern, western and northern...
Saputo Steps Up Milk Price
Saputo is raising its minimum milk price by $0.15kgMS for the 2024/25 from 1 January 2025, taking the weighted average milk price to a range of $8.15kgMS—$8.30kgMS in southern milk regions. The payment will apply to qualifying milk supplied under an exclusive Saputo...
Latest Global Update
GDT Index Down 1.4% In First 2025 Event
The GDT Price Index lost 1.4% for the lowest overall result since mid-October at event #371. WMP was weaker in general compared to the previous auction, down 2.2% to average US$3,804/t. Losses for regular product averaged less than US$100/t for C1-C4 but were smaller...
US Cheese Output Down 1.7% In November
US cheese production declined 1.7% YOY in November according to the USDA, on a 1.3% fall in manufacturing milk availability. American cheese output fell 4.9% YOY for the month - with a 3.4% decline for cheddar - while “other cheese” (including mozzarella) increased...
GDT Prices Decline
The GDT price index lost 2.8% with red ink across most products and contracts at GDT event #370—the last auction of 2024. WMP ended its run of gains recording losses across all contracts, and falling 2.4% on average to US$3,890/t. The bumpy ride for SMP continued,...
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