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 Butter Production Lifts, Drinking Milk Sales Dips
Australian September Milk Production Lifts
National milk production rose 1.8% year-over-year in September 2026, with season-to-date (July–September) output up 2.2% from the same period last year, according to the latest data from Dairy Australia. Victoria’s milk production edged up 0.5% YOY for the month and...
Higher Inflation in September
Australia’s inflation increased more than expected to 4.3% in September (up from 4% in August) to the highest level since March, fuelling expectations the RBA will have to increase interest rates for the fifth time this year. Transportation inflation accelerated, but...
Latest Global Update
Powders, Cheese Drive Up GDT Index
GDT event #415 was another positive event for powders and cheese with the index rising 3.0%. Total North Asia purchased volumes were the highest since November 2018, increasing market share as buyers build inventories ahead of the Chinese New Year. Middle East,...
French Milk Falls 2.6%
In the latest available data for week 43 (ending 25 October 2026), French milk output fell 2.6% YOY and 0.5% on the prior week, according to FranceAgriMer. Normandy was flat but Brittany declined 2.8% YOY. German milk supplies declined 0.2% YOY in week 43 according to...
Pulse Powder Prices Continue To Lift
This week’s Pulse event was positive for powders, with NZ origin powders rising.The Fonterra regular WMP C2 price settled at US$3,765/t, up 1.5% on the price achieved at GDT #414 and +2.4% higher than the latest Pulse price. Instant WMP C2 also rose, up 2.0% from the...
Site News
In September 2026, Dairy Australia made historical revisions to milk output data which impacted the Australian commodity milk value calculations. Read more here.
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Watch the overview animation prepared by Dairy Australia, explaining how the Farmgate Milk Value tool is of use to you