Domestic Market Updates
Track Australian dairy market updates for some of the latest developments in production, trade and retail sales.
Norco Lifts Milk Price
Norco has raised its 2025/26 farmgate milk price to 90.37c/l across all regions, up 1.27c/l on last season’s final farmgate price. The price increase is tied to several measures. Norco farmers who complete an annual farm data survey receive a 1c/l coop premium payable...
September Food Spending Lifts
Household spending rose a modest 0.2% in September from the month before and +5.1% YOY. In volume terms the September quarter was +0.2% on a seasonally adjusted basis compared to June and 2.7% YOY. The largest increases were in food (+0.6%), recreation and culture...
Project To Boosts Indo Cattle Exports
The University of Adelaide's Centre for Global Food and Resources is leading the Australia-Indonesia Dairy Cattle Trade Insights (AI-DCTI) project. Funded by LiveCorp and Meat & Livestock Australia the project is expected to provide insights into Indonesia’s...
Warmer Temps For November—January
The latest Bureau of Meteorology long-range forecast is for above average rainfall across northern Australia from November to January, while the forecast in other regions is for an equal chance of either above or below rainfall. Temperatures are expected to be warmer...
September Milk Output Declines
Milk output fell 0.4% YOY in September bring season-to-date production -2.3% behind the prior year comparative. Victoria reported a —1.4% YOY fall in production with declines across the state. In Gippsland output fell 0.7% YOY for September, and in western Victoria...
Fonterra Steps Up
Fonterra has announced and 15c per kgMS step up for its suppliers, taking its weighted average price to $9.05kgMS. Announcing the step up, managing director, David Breckenridge noted global commodity prices have softened and domestic demand remains flat, with only...
Saputo Steps Up
Saputo has lifted its weighted average milk price range to $9.15kgMS—$9.25kgMS for suppliers in the southern region, a $0.15kgMS increase. The region includes Gippsland, SW Victoria and South Australia as well as northern region and Tasmania. Saputo attributes the...
Australian Input Costs Drop
Input costs were lower in September, according to Dairy Australia’s Purchased Input Price Index, with hay and wheat prices continuing to weaken. With Spring commencing, fodder prices eased with buyers holding of on purchasing in anticipation of new-season feed...
Australian Cheese Production Down 4% in 2024/25
Cheese production declined 4% in the 2024/25 after peaking at just below 450,000t in the prior yea. That’s according to heavily revised Dairy Australia data (which was released for last season. This compares to a 0.7% decrease in national milk production. Meanwhile,...
Hay Prices Decline
After reaching record highs in July, hay prices continue to fall as the market resets after a dry winter and late break in many regions. Victoria had its warmest January to September on record, accelerating crop development but stretching limited moisture reserves....