Farmgate milk price

Australian milk prices are based on the milkfat and protein solids content of the milk supplied off farm. Unlike many countries around the world, there is no legislative control over the price milk processing companies pay farmers for their milk, with all prices within the industry set by market forces.

Typical factory paid prices

2008/09

2009/10

2010/11

2011/12

 2012/13 2013/14(p)

NSW

cents/litre 52.4 48.7 48.3  47.4 46.4 51.0
$/kg milk solids 7.29 6.72 6.74  6.60 6.45  7.1

VIC

cents/litre 39.1 33.9 42.0  40.6 37.8 51.0
$/kg milk solids 5.14 4.49 5.58  5.46 5.05  6.81

QLD

cents/litre 57.2 55.8 53.1  53.6 53.6 53.4
$/kg milk solids 7.89 7.57 7.26  7.33 7.33 7.36

SA 

cents/litre 44.6 34.6 38.0  41.0 38.3 49.6
$/kg milk solids 6.19 4.73 5.36  5.76 5.42 7.02

WA 

cents/litre 49.0 42.4 43.4  41.9 45.0  46.8
$/kg milk solids 6.77 5.96 6.03  5.97 6.37  6.63

TAS 

cents/litre 41.3 34.6 43.2  39.9 40.2  54.1
$/kg milk solids 5.40 4.46 5.59  5.19 5.16  6.96

AUST

cents/litre 42.4 37.3 43.2  42.0 40.2  51.2
$/kg milk solids 5.66 4.98 5.80  5.69 5.41  6.89

Source: Dairy manufacturers