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 milk supply agreements that are currently being offered across dairying regions.
Latest Australian Update
Bigger grain crop
The national 2020/21 wheat crop reached an estimated 33.3mt, up 120% from the 2019/20 drought-reduced crop. According to Australian Bureau of Agricultural and Resource Economics (ABARES) the 2020/2 harvest is the largest wheat crop on record, up 5% from the previous...
Bega’s profit surged
Bega Cheese reported a 79% increase in normalised EBIT to $48m after group revenues dipped 4.5% to $708m. Bega’s balance sheet improved, reducing gearing and moving to a net cash position. Bega reported growth in its spreads category (with the surge in grocery sales...
Rabobank trims outlook
In its latest outlook, Rabobank forecasts Australian agriculture is on track for consecutive seasons of dairy farm profitability. A positive rainfall outlook and low feed prices are likely to support cheaper feed, which along with a recovery in Australia’s grain...
Latest Global Update
December trade near flat
According to Freshagenda's latest monthly Global Dairy Directions Trade Insights report which will be out later in the week, December global trade was on par with the prior year, but with mixed trends across product categories we track – negative for milk powders and...
US milk production up 1.6% in Jan
Milk production expanded 1.6% in January, according to the USDA. The milking herd continued to expand reaching 9.450m cows, a gain of 8,000 head from the previous month and 85,000 higher YOY. That month-on-month growth in cow numbers was lowest since September. The...
EU milk supplies tighten
Estimated milk supply rose 0.7% YOY in December according to Eurostat (based on an average 75% of reported EU-27 milk), the slowest expansion since June. Among key producing countries, December output declined 1.4% YOY in France and 0.4% in the Netherlands. Growth...
Site News
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
Watch the video on the most important global dairy market developments this month
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