Farmgate milk price

The majority of 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

2007/08

2008/09

2009/10

2010/11

2011/12

 2012/13 (p)

NSW

cents/litre 48.6 52.4 48.7 48.3  47.4 46.4
$/kg milk solids 6.73 7.29 6.72 6.74  6.60 6.45

VIC

cents/litre 50.0 39.1 33.9 42.0  40.6 37.8
$/kg milk solids 6.68 5.14 4.49 5.58  5.46 5.05

QLD

cents/litre 51.8 57.2 55.8 53.1  53.6 53.6
$/kg milk solids 7.14 7.89 7.57 7.26  7.33 7.33

SA 

cents/litre 48.6 44.6 34.6 38.0  41.0 38.3
$/kg milk solids 6.75 6.19 4.73 5.36  5.76 5.42

WA 

cents/litre 41.4 49.0 42.4 43.4  41.9 45.0
$/kg milk solids 5.80 6.77 5.96 6.03  5.97 6.37

TAS 

cents/litre 50.2 41.3 34.6 43.2  39.9 40.2
$/kg milk solids 6.63 5.40 4.46 5.59  5.19 5.16

AUST

cents/litre 49.6 42.4 37.3 43.2  42.0 40.2
$/kg milk solids 6.68 5.66 4.98 5.80  5.69 5.41

Source: Dairy manufacturers