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 August Milk Lifts
National milk production increased 2.9% YOY in August, while season-to-date output was up +2.3%. Victorian milk output rose 3.6% YOY led by a 7.2% increase in Northern Victoria for August. Gippsland output was up 5.4% for the month, while Western Victorian...
Higher Grain Yields, Tight Milk Expected
latest monthly Rural Bank Insights commodity reports highlight lower yield expectations for crops and milk production. National wheat production for is tipped to fall to around or below 30mt for the 2024/25 season. Frost damage and dry weather at the beginning of...
Consumers More Confident
Consumer sentiment has improved significantly in October, as measured by the Westpac-Melbourne Institute Consumer Sentiment Index . At 89.8 it was the strongest reading since May 2022, and 5.3 points higher than September. While still in pessimistic territory,...
Latest Global Update
Pulse Prices Mixed
latest GDT Pulse event was mixed for SMP and WMP prices. Regular grade WMP rose US$20/t from the latest GDT event #365 to US$3,525/t, with the price declining 0.4% compared to the prior Pulse auction. The nearest SGX-NZX WMP futures contract settled overshot the mark,...
US Cheese Output Up In August
US cheese production rose 1.9% YOY in August according to the USDA, compared to an estimated 0.2% decline in the availability of manufacturing milk. American cheese output fell 0.3% YOY for the month— with a 1% decline for cheddar — while “other cheese” (including...
Irish Milk Down In August
Irish milk supplies continued to decline, -2.2% YOY in August, with SMP/butter product output remaining below the prior year comparable. In the same month, Polish milk production increased 3.5% YOY. French milk output rose 3.4% in week 38 (ending 21 September 2024) on...
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