Dairy Australia - Dairy information for Australian Dairy Farmers and the industry

Primary content

Farmgate milk price is the price farmers receive from processors for the milk they produce. Read state by state information about the typical factory paid prices.

Farmgate milk price

Australian milk prices are based on the milk fat 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. Since deregulation in 2000/2001 all prices within the industry are set by market forces.

Typical factory paid prices



2014/15
2015/16
2016/17
 2017/18(p)

NSW

cents/litre 52.8
 51.0 49.0
50.5
$/kg milk solids 7.31  7.06 6.81
6.99

VIC

cents/litre 47.1
42.8
38.0
44.2
$/kg milk solids 6.24 5.68
5.04
5.87

QLD

cents/litre 57.4
58.5 60.0
57.7
$/kg milk solids 7.84
7.99 8.22
7.84

SA

cents/litre 49.1
42.5 37.1
42.9
$/kg milk solids 6.53
6.03 5.19
6.06

WA

cents/litre 49.0 52.3
50.6 49.9
$/kg milk solids 7.17
 7.32 7.06 6.97

TAS

cents/litre 49.6
 43.7 39.0
47.0
$/kg milk solids 6.33 5.61 4.97
6.01


AUST

cents/litre 48.5 44.9 40.9
46.0
$/kg milk solids 6.49 6.01 5.46
6.14

Source: Dairy manufacturers

Global Dairy Trade Events - average Australian dollar pricing

Global Dairy Trade (GDT) Events are dairy ingredient auctions held twice each month. GDT Events have been in operation since 2008, offering a range of dairy ingredients from suppliers around the world, to more than 600 registered bidders from around the world.

The average value of product traded on the platform is greater than the value of annual Australian dairy exports. While pricing on the dairy trading platform may not be the actual prices Australian dairy processors receive for their product, GDT Events is acknowledged as providing credible market based reference prices for globally traded dairy ingredients.

GDT Events - average annual AUD equivalent pricing

Year AUD/Tonne
FYE14
5,064
FYE15
3,364
FYE16
3,194
FYE17
4,183
FYE18
4,333
Average YTD FYE19 4,168
Source: Global Dairy Trade

Farmgate milk price vs Average AUD GDT pricing 121018



Initiatives

Dairy Feed tools

Dairy Feed Tools is a complete feed management toolset for dairy farmers and managers. Feed planning, cost and resource management backed by Australian feed and pasture data to most accurately reflect the needs of your herd

Hay and grain reports

The hay and grain report is commissioned by Dairy Australia to provide an independent and timely assessment of hay and grain markets in each dairying region. The report is updated 40 weeks per year.

More Initiatives