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Farm-gate prices of milk

This page contains two graphs:
  • one comparing the price of Farm-gate Milk in New Zealand, the US and Lombardy, (the largest milk-producing region in Italian production) over a given time period;
  • one comparing the price of Farm-gate Milk in New Zealand, US and Germany over a given time period.

N.B.:
New Zealand exports approximately 85% of its milk production, which is processed into cheddar-type cheeses, milk powders and butter.
New Zealand exports standard products that are mainly linked to mass consumption or industrial use.
The main difference between New Zealand's production (which is comparable to US production) and Lombard production lies in the quality of end use, which is reflected by the different milk prices. Lombard milk production is mostly processed into P.D.O. (Protected Designation of Origin) products.

 
Month 2022 2023 2024 ± on prev.
month.
± % from
2023
January 40,25 58,20 (e)48,50 +2,04% -16,67%
February 41,22 55,77  
March 42,19 55,77  
April 46,56 52,38  
May 46,56 51,41  
June 47,04 50,44  
July 53,35 49,95  
August 53,35 48,98  
September 55,29 48,50  
October 55,29 48,01  
November 56,26 47,53  
December 58,20 47,53  
Jan 40,25 58,20 48,50
Change¹ % +10,67% +44,58% -16,67%
Average 49,63 51,20
Change¹ % +33,48% +3,18%
Last Update:15-02-2024
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Approx. average fat 3,7% p.v. ; Prot 3,25% p.v.
(e) = estimated price
Source: Processed by CLAL
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Month 2021 2022 2023 ± on prev.
month.
± % from
2022
January 32,81 41,66 56,93 -4,82% +36,65%
February 32,82 43,12 52,47 -7,83% +21,68%
March 33,30 44,86 48,07 -8,39% +7,16%
April 34,07 47,20 45,14 -6,10% -4,36%
May 34,89 49,59 43,33 -4,01% -12,62%
June 35,52 52,08 41,50 -4,22% -20,31%
July 35,80 55,04 40,57 -2,24% -26,29%
August 35,93 56,77 40,39 -0,44% -28,85%
September 36,42 58,19 40,46 +0,17% -30,47%
October 37,48 59,34 41,31 +2,10% -30,38%
November 39,09 60,04 42,22 +2,20% -29,68%
December 40,38 59,81 43,20 +2,32% -27,77%
Average 35,71 52,31 44,63
Change¹ % +10,33% +46,48% -14,67%
Last Update:15-02-2024
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Approx. average fat 3,7% p.v. ; Prot 3,25% p.v.3,7% fat - 3,40% proteins
Since January 2010 Fat content, to which farm-gate milk price refers, has increased from 3,70 % to 4,00 %.
Source: Processed by CLAL
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Month 2021 2022 2023 ± on prev.
month.
± % from
2022
January 30,98 46,57 47,29 -7,29% +1,55%
February 30,43 47,62 44,44 -6,02% -6,68%
March 32,05 51,22 43,45 -2,23% -15,17%
April 33,68 55,02 41,61 -4,24% -24,37%
May 34,67 56,69 39,14 -5,93% -30,95%
June 33,31 55,71 36,41 -6,99% -34,65%
July 33,19 55,23 34,69 -4,71% -37,19%
August 32,96 52,46 39,81 +14,77% -24,11%
September 34,28 53,65 43,33 +8,84% -19,23%
October 37,25 57,44 45,08 +4,04% -21,51%
November 39,98 54,89 44,23 -1,89% -19,42%
December 42,32 51,01 (e)41,65 -5,83% -18,34%
Average 34,59 53,13 41,76
Change¹ % -1,17% +53,58% -21,39%
Last Update:01-02-2024
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Approx. average fat 3,7% p.p. avg.
(e) = estimated price
Source: Processed by CLAL
  min price
  max price
 
Month 2021 2022 2023 ± on prev.
month.
± % from
2022
January 32,33 43,46 38,34 -6,62% -11,77%
February 34,58 42,96 37,96 -0,98% -11,63%
March 34,62 45,46 36,59 -3,63% -19,52%
April 34,18 44,24 35,26 -3,62% -20,29%
May 34,12 42,80 35,66 +1,13% -16,68%
June 35,88 43,39 34,38 -3,60% -20,77%
July 35,91 42,77 28,89 -15,96% -32,45%
August 36,04 43,50 28,19 -2,42% -35,20%
September 38,80 42,12 30,59 +8,51% -27,37%
October 40,66 40,64 30,75 +0,52% -24,34%
November 40,66 40,65 31,62 +2,83% -22,21%
December 42,00 41,06 32,47 +2,69% -20,91%
Average 36,65 42,75 33,39
Change¹ % +20,83% +16,66% -21,90%
Last Update:05-02-2024
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Approx. average fat 4,7% p.p. avg. ; Prot. 3,35% p.p. avg.
Source: UK-Milk Development Council
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