Milk Value
Farmgate Milk Value Tool

Use the interactive tool to see what is being paid for milk in your region, with new season (2024/25) 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 2024-25 season and influences on this season’s farmgate milk prices.

Latest Australian Update

Australian Milk Production Up 1.6% in July

Milk production rose 1.6% YOY in July, the fifteenth consecutive month of growth. Victorian milk output rose 2.5% YOY led by a 5.2% increase in Northern Victoria for July. Gippsland output was up 3% for the month, while Western Victorian output +0.2% YOY. July...

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Wild Weather Hits The East

Record heat in Queensland, damaging winds in Victoria and Tasmanian floods and wind are connected, according to the Bureau of Meteorology (BoM). Two interconnected weather systems brought with them wild weather from north to south along the east coast. BoM...

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Rabo Tips Milk Growth

Rabobank expects Australian milk output to grow 1.5% YOY in the 2024/25 season.  Milk output rose 3.1% YOY in the 2023/24  with all states and regions recording growth, except Western Victoria where dry conditions constrained production. RaboResearch senior dairy...

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Latest Global Update

GDT Index Eases

This week’s GDT event #363 produced a mixed result, with a fall of 0.4% in the price index. Weaker than average demand  across most commodities brought with it the first price dip in four events. SMP was easily the strongest performer on better-than-average demand....

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US Cheese Exports Up In July

US dairy shipments rose 11.5% YOY in milk solid equivalent terms during July, reflecting increases in cheese, dry whey, SMP and fats. Cheese shipments were +10.1% YOY for the month, mostly reflecting stronger shipments to Mexico. NFDM/SMP exports surged in July, up...

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Pulse Prices Lift

Regular grade WMP price rose 1.7% from GDT #362 to US$3,560/t  at this week’s Pulse auction, +9.2% compared to prices achieved at the previous event two weeks ago. The SGX-NZX WMP futures contract for September 2024 settled at US$3,525/t prior to the event. Medium...

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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.