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
Bega Out Of Mainland Hunt
Bega has reportedly been disinvited from the sale process for Fonterra’s Mainland Group. Fonterra has a long-term contract to distribute and manufacture the Bega Cheese brand. Bega argues any spin off of Mainland Group will trigger a clause to renegotiate or cancel...
Brownes For Sale
WA-based Brownes Dairy is up for sale after its biggest lender Chinese Mengniu Dairy called in its $200m loan. McGrathNicol, appointed by Mengniu to find a buyer for Brownes’ holding company does not anticipate any changes in day-to-day activities. Brownes is a market...
Fonterra Lifts Australian Milk Price
Fonterra has announced a second step-up of $0.20kgMS taking the current season weighted average farmgate milk price to $8.35kgMS. The 20c hike consists of 17c per kgMS butterfat and 24c per kgMS of protein. The step-up is a result of continued improving global market...
Latest Global Update
Pulse Prices Mixed
This week’s GDT Pulse event was mixed with WMP lifting and SMP declining on last week’s GDT auction. The 24 winning bidders purchased 1,721t of the 1,750t on offer. Regular WMP was up 0.6% from GDT #378, settling at US$4,130/t—3.8% higher than the previous Pulse...
US Milk Production Lifts In March
Milk production increased 0.9% YOY in March. US cow numbers increased by 8,000 compared to February. The USDA revised the February number down 8,000 head. The US herd has expanded 81,000 head since July 2024 and is the largest it has been since May 2023. California...
NZ Milk Solids Lift 0.8% In March
New Zealand milk solids production rose 0.8% YOY in March, taking season-to-date solids output 3.0% ahead of the prior season. On a tonnage basis, output rose 0.6% YOY for the month with season-to-date volumes 2.2% ahead of the previous year. Production...
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