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
Pure Dairy invest $100m in conversion facility
Melbourne-based Pure Dairy, a supplier of US cheese to the Australian food sector, has announced a $100m investment to build a dairy conversion facility in Dandenong near Melbourne. The facility is scheduled to open in early 2024, creating 450 new jobs and is...
DA: Milk production steady
Australian milk production is likely to remain steady for 2023/24 according Dairy Australia (DA). Despite El Niño conditions drying out some regions, but DA point to reduced cow culling and live heifer exports as supportive of milk production. Season to date...
ACCC approves dairy factories sales
The Australian Competition and Consumer Commission (ACCC) has approved Saputo’s sale of two factories—one in Victoria and one in NSW—to Coles after considering the effect of the proposed acquisition on raw milk markets in NSW, Victoria and South Australia. ACCC found...
Latest Global Update
GDT delivers 2% rise
Event #345 delivered an overall positive result with a 2% rise in the index. At 29,559t it was the lowest offering since July, despite a new product - mozzarella from Solarec. WMP prices rose 2.5% on average to US$3,104/t with greater interest from SE Asian buyers....
US cheese output marginally higher in October
US cheese production rose 0.8% YOY in October according to the USDA, compared to an estimated 0.3% decline in “manufacturing milk” availability. American cheese output fell 0.3% YOY for the month (with a 2.5% decline for cheddar) while “other cheese” (including...
Pulse: WMP prices
Average WMP prices lifted slightly at Pulse event #38 to US$2,979/t, edging up 0.1% from GDT #344 and 0.8% higher than Pulse event #37. Meanwhile, medium heat SMP prices fell to US$2,515/t, down 1.2% from GDT event #344 and US$70/t lower than the previous Pulse event....
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