Want to find out how farmgate milk values are determined by processors in Australia? Check out this page.
Differences in farming systems can have an impact on the price outcome, even within a region. Find out more.
Learn more about the current season and influences on this season’s farmgate milk prices.
Latest Australian Update
Australian Milk Output Sneaks Past Prior Season
With one month to go, in terms of output data, Australia’s production has inched ahead of the past season’s output by 0.2%. May output finished +5.4% year-over-year. Victoria’s production rose +6.7% YOY for the month with increases in monthly output across all...
Lactalis Mainland Lifts Milk Price
The processor increased its opening price by 15c/kgMS, lifting the rang to $8.80kgMS—$9.60kgMS. The 15c/kgMS average increase includes 12c/kg of fat and 18c/kg of protein. Reacting to the price hike in local news outlets, United Dairyfarmers of Victoria President...
Danone Expands Australian Operations
French dairy company Danone agreed to acquire Melbourne-based MADE Group and Saputo's 49% stake in their Australian dairy joint venture, giving Danone full ownership of the business. The two major acquisitions are worth more than $1.5bn The deals strengthen Danone's...
Latest Global Update
Powders Decline at Pulse Event
Powders eased further at this week’s Pulse event with another correction for SMP and WMP. The NZ regular WMP C2 price settled at US$3,485/t, -0.4% lower than last week’s Pulse event. Instant WMP was flat, settling at US$3,595/t. SMP prices declined. NZ Medium Heat C2...
Fonterra’s 2025-26 Record Milk Output
In its latest Global Dairy Update, Fonterra reports milk production of 1,570m kgMS in the 2025-26 season, up +4.1% on the season prior. The coop’s milk output rose 5.8% YOY to 81.5m kgMS in May, the biggest May output on record due to favourable pasture conditions. In...
Powder Prices Decline
This week’s Pulse event brought another price correction for SMP, WMP and AMF. GDT unable to publish a settle price for butter as the winning price was assessed as being non-market determined. The NZ regular WMP C2 price settled at US$3,500/t, down 1.4% from GDT #406...
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