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Farm-gate milk prices, New Zealand/Fonterra
This page contains the monthly average price data for farm-gate raw milk, as recorded in New Zealand/Fonterra.

The prices collected over the last three years are listed in the table, while the graphs below illustrates price trends in € and in local currency. Furthermore, time series and the chart are available for monthly average prices, in local currency.

The comparison table and the graph gives you a historical overview of milk prices in the New Zealand compared with EU-27.
NZ$ per 100 kg. - € per 100 Kg. (VAT not included)
Month 2023
NZ$ 		2023
€ 		2024
NZ$ 		2024
€ 		2025
NZ$ 		2025
€ 		± on prev. mo.
NZ$ 		± on 2024
NZ$ 		± on prev. mo.
€ 		± on 2024
€
January 64,61 38,34 59,27 33,54 76,00 41,32 0,00% +28,22% -0,96% +23,20%
February 64,60 37,96 59,28 33,65 76,01 41,45 +0,01% +28,21% +0,31% +23,18%
March 63,08 36,59 59,27 33,17 76,01 40,26 0,00% +28,23% -2,87% +21,37%
April 62,32 35,26 59,28 32,95
May 62,31 35,66 59,28 33,27
June 60,80 34,38 60,81 34,67
July 51,30 28,89 64,60 35,92
August 51,29 28,19 68,37 37,77
September 55,10 30,59 68,40 38,33
October 55,09 30,75 72,21 40,30
November 56,99 31,62 76,00 42,30
December 57,00 32,47 76,00 41,72
Gen - Mar 64,14 (2) 37,69 (2) 59,28 (2) 33,47 (2) 76,01 ** 41,01 **
Change (1) -12,1% -14,2% -7,6% -11,2% +28,2% ** +22,6% **
Weighted Average 58,76 33,42 67,21 37,52
Change (1) -16,8% -21,1% +14,4% +12,3%
2) Weighted Average Prices
** The Arithmetic Average Yearly Price
1) Variation in percentage compared to the same period of the previous year.
NOTE: * Data adjusted for 4.2% fat and 3.4% protein.
Conversion in € is calculated using the average exchange rate of the reference month.

Source: UK-Milk Development Council - LTO NEDERLAND; From March 2021, Processed by CLAL
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NZ$
 
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NZ$/100 kg
2010 2015 2020 2021 2022 2023 2024 2025 ± on prev.
month		 ± on
2024
January 46,37 38,00 57,01 54,72 72,96 64,61 59,27 76,00 0,00% +28,22%
February 46,37 37,62 54,33 57,76 72,96 64,60 59,28 76,01 +0,01% +28,21%
March 49,43 37,62 57,00 57,76 72,96 63,08 59,27 76,01 0,00% +28,23%
April 49,41 35,34 56,25 57,38 70,68 62,32 59,28
May 43,50 35,35 56,25 57,38 70,68 62,31 59,28
June 53,25 39,91 50,17 60,80 72,20 60,80 60,81
July 52,56 32,69 50,16 60,80 70,30 51,30 64,60
August 52,53 38,39 48,65 60,80 70,29 51,29 68,37
September 52,45 38,39 50,87 64,70 70,30 55,10 68,40
October 54,96 38,76 51,68 66,89 70,31 55,09 72,21
November 54,74 38,75 53,19 66,12 68,40 56,99 76,00
December 54,73 38,77 53,37 69,92 68,40 57,00 76,00
AVG Weighted Price 51,51 38,01 53,46 62,32 70,62 58,76 67,21 76,01 **
Change (1) -26,2% +40,7% +16,6% +13,3% -16,8% +14,4% +28,2% **
Source: UK-Milk Development Council - LTO NEDERLAND; From March 2021, Processed by CLAL
1) change from the same period of previous year , except for years 2010, 2015, 2020, where the change is from the same period 5 years ago
** Avg Annual Price
  min price in the last 5 years
  max price in the last 5 years
€/100 kg NEW ZEALAND/FONTERRA
Farm-gate raw Milk price*(2)
 US
Farm-gate raw Milk*(2)
 EU-27
Farm-gate raw Milk
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 % on prev. month % on 2024 2025 % on prev. month % on 2024 2025 % on prev. month % on 2024
January 21,22 33,36 31,21 29,99 33,91 32,33 43,46 38,34 33,54 41,32 -0.96% +23.20% 51,32 +4.68% +27.56% 53,51 -1.92% +15.20%
February 19,99 33,53 30,82 30,44 31,84 34,58 42,96 37,96 33,65 41,45 +0.31% +23.18% 49,97 -2.63% +19.93% 53,73 +0.41% +15.82%
March 20,29 32,38 30,62 30,56 31,19 34,62 45,46 36,59 33,17 40,26 -2.87% +21.37% 44,88 (p) -10.18% +7.44% 53,23 -0.93% +14.62%
April 20,32 32,84 31,06 29,43 31,06 34,18 44,24 35,26 32,95 53,40 +0.32% +15.86%
May 20,11 31,78 30,97 28,85 31,44 34,12 42,80 35,66 33,27
June 22,86 34,23 31,29 28,75 28,71 35,88 43,39 34,38 34,67
July 25,96 33,98 31,34 29,31 28,82 35,91 42,77 28,89 35,92
August 28,46 34,08 30,94 28,44 27,13 36,04 43,50 28,19 37,77
September 28,76 33,54 28,70 29,36 28,77 38,80 42,12 30,59 38,33
October 32,31 33,00 27,87 29,17 29,14 40,66 40,64 30,75 40,30
November 32,96 30,77 29,22 31,69 30,86 40,66 40,65 31,62 42,30
December 33,23 30,85 29,40 33,80 31,10 42,00 41,06 32,47 41,72
Average Weighted Price 27,06 32,56 29,79 30,38 30,56 37,46 42,37 33,42 37,52
Change (1) +13.79% +20.32% -8.51% +2.01% +0.59% +22.56% +13.10% -21.12% +12.25%
Avg Annual Price 25,54 32,86 30,29 29,98 30,33 36,65 42,75 33,39 36,47 41,01 48,72** 53,47**
Change (1) -90.99% +28.67% -7.84% -1.00% +1.16% +20.83% +16.66% -21.90% +9.21% +22.59% +18.19%** +15.37%**
Source: UK-Milk Development Council - LTO NEDERLAND
1) change from the same period of previous year
2) VAT not included
** Avg Annual Price
(p) = provisional price
*NZ: Data based on payout forecast, adjusted for 4.2% fat and 3.4% protein.
*US: m.g. 3,7% p.p. media
EU-27: Weighted average, excl. VAT, incl quality
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