Market Updates – Domestic & Global

This page contains latest global and domestic market updates that are relevant to the value of milk in the Australian dairy industry. These also appear in separate updates on this site under Domestic Market Updates and Global Market Updates.

GDT Index Declines

GDT Index Declines

GDT event #382 was the third consecutive event with a decline in the overall index, down 1.0%. Fats were mixed and the volatile cheddar trade reversed some of the recent losses. WMP again took the heavier hit of the powders, down 2.8% for CP2 for the 3rd event in...

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NZ Milk To Marginally Increase

NZ Milk To Marginally Increase

NZ milk production will increase slightly to 21.7bn kg in 2025  according to a new USDA GAIN report. Short-term factors affecting milk trends are strong farmgate milk prices and low interest rates, but New Zealand’s dairy sector continues to adjust to structural...

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Report: Buybacks Could Devastate Dairy

Report: Buybacks Could Devastate Dairy

A report has found water buybacks in the Southern Murray-Darling Basin could significantly reduce milk production between 3% and 15% in the region. The report commissioned by Dairy Australia has analysed impacts in dairy farm businesses, processors and local economies...

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Report: Buybacks Could Devastate Dairy

Bega Wants Informal ACCC Clearance

In an ASX-announcement, Bega Group says it advised the Australian Competition and Consumer Commission (ACCC) of an intention to lodge an application for an informal merger clearance of its potential acquisition of Fonterra Oceania. Bega is not shy about its intentions...

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GDT Index Declines

Pulse Prices Tumble

This week’s Pulse continued the trend set by GDT #381 WMP and SMP with medium heat SMP and regular WMP prices down. Regular WMP lost US$150/t or 3.7% from last week’s GDT #381, settling at US$4,030/t. The settled price was 3.6% lower than the price achieved at the...

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EU Milk Up 1.1% in April

EU Milk Up 1.1% in April

EU milk production increased 1.1% YOY in April 2025 or 144mn kg according to Eurostat and AGEA estimates. The overall YOY increase was despite  Germany production falling 1.1%, the lower intake in the Netherlands (-0.1% YOY) and Belgium (-2.6% YOY). Milk collection...

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Report: Buybacks Could Devastate Dairy

Maggie Beer Sells Off Dairy Assets

Katoomba Global Foods is acquiring Maggie Beer’s Paris Creek Farms for $500,000 as the company disposes of non-core assets. Paris Creek Farms produces milk, butter, cheese and flavoured yogurt. Maggie Beer announced the sell off in an ASX filing saying the sale...

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NZ Milk To Marginally Increase

Consumer Mood Rose in June

The Westpac-Melbourne Institute consumer sentiment index rose to 92.6 in June, up from 92.1 the month before. Despite sitting 10.8% above the prior year, pessimists still outnumber optimists with the reading below 100. Consumer attitudes towards major purchases have...

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Rain Falls Across Dry Areas

Rain Falls Across Dry Areas

Over the weekend, much needed rain fell across Australia’s southeast with eastern SA received at least 10mm and parts of Victoria more than 25mm. Inland in western Victoria, 80mm of rain was reported while other areas in the state’s west noted rainfall of 44mm. The...

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