More milk price increases

More milk price increases

Following supplier meetings, Saputo have lifted its farmgate milk prices for the 2023/24 season for suppliers in the northern region, southwest Victoria, South Australia, Gippsland and in Tasmania by $0.25kgMS to a range of $9.15kgMS – $9.30kgMS with an increase...
More milk price increases

2023/24 farmgate prices announced

Farmgate milk prices for 2023/24 have been announced with most of them below the current season’s forecast prices, and with adjustments to initial offers still being made. Mondelez came out with $8.73kgMS for exclusive supplier contracts, while the forecast milk price...
More milk price increases

Lactalis opens at 82c/l in 2023/24

Lactalis has announced a 2023/24 opening price for the fresh milk market in Queensland and northern NSW of 82c/l , down from the current season’s opening price of 87c/l. Lactalis said the opening price was a starting position with an expectation the price will lift in...
More milk price increases

Bulla opens at $9.20

Bulla Dairy Foods is the first A to announce a farmgate milk price for the new dairy season in a range of $8.80kgMS – 9.60kgMS. Bulla chief executive Allan Hood said the company is taking a more conservative approach with a milk price lower than the current season as...
More milk price increases

Dairy price inflation stays strong

Stockbrokers UBS released details from its price-tracker Evidence Lab, which showed dairy inflation remained near 17% in February, compared to overall food inflation of 8.8% YOY, down from the peak of 9.4% in December. Analysts said dairy prices were stabilising. In...
More milk price increases

ADFC lifts milk price

The Australian Dairy Farmers Corporation announced a milk price hike of $0.15kgMS effective 1 January, lifting its January to June price to $10.45kgMS. The lift in farmgate prices applies to milk supplied in the six months from 1 January 2023 and will be paid in...