ADFC steps up

ADFC steps up

Australian Dairy Farmers Corporation (ADFC) has stepped up its farmgate milk price from 1 July, paying an average of $9.90kgMS to ADFC suppliers across the 2022/23 financial year. ADFC suppliers will receive $9.50kgMS between July and December, and $10.30kgMS to be...
ADFC steps up

Rabobank: Milk prices to rise further

Consumers can expect dairy prices to rise with fluid milk prices expected to rise as much as 20c – 30c per litre in the coming months according to Rabobank. Wet conditions, increased production costs and a decline in the number of dairy farmers are contributing to the...
ADFC steps up

Fertiliser prices expected to stay high

Incitec Pivot is warning farmers should plan for average global fertiliser prices to stay at least $100 per tonne higher in the next 8 years than the past decade. The company commissioned independent market research in preparation for the company to split its...
ADFC steps up

Australian retailers lower prices

Earlier this week, retailer Coles announced it is lowering prices and freezing prices of 1,168 grocery staples both in-store and online until 2023 to help Australian amidst their cost of living crisis. The products with lower or locked prices include meat, eggs,...
ADFC steps up

CMV plummets towards $7.50kgMS

After hovering between $9 and $10kgMS for most of the first half of 2022, the commodity milk value (CMV) is closing on $7.50kgMS just seven weeks into the new season. The CMV hasn’t been in this territory since November 2021, and rose as high as $10.21kgMS in April...
ADFC steps up

Australian milk prices push higher

Prices are being pushed to record highs by processors trying to secure supply for next season. Bega is the latest processor to hike prices. In a letter to suppliers, Bega confirmed a forecast price of $9.10kgMS, up from $8.80kgMS. Bega suppliers in Northern Victoria...