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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 (e)48,50 0,00% -13,04%
March 42,19 55,77 (e)48,98 +1,00% -12,17%
April 46,56 52,38 (e)49,95 +1,98% -4,63%
May 46,56 51,41 (e)49,95 0,00% -2,83%
June 47,04 50,44 (e)50,92 +1,94% +0,96%
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-Jun 43,97 53,99 49,47
Change¹ % +20,62% +22,79% -8,38%
Average 49,63 51,20
Change¹ % +33,48% +3,18%
Last Update:15-07-2024
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 2022 2023 2024 ± on prev.
month.
± % from
2023
January 41,66 56,93 43,92 +1,67% -22,85%
February 43,12 52,47 44,21 +0,66% -15,74%
March 44,86 48,08 44,67 +1,04% -7,09%
April 47,20 45,15 44,79 +0,27% -0,80%
May 49,59 43,33 45,07 +0,63% +4,02%
June 52,08 41,51  
July 55,04 40,57  
August 56,77 40,39  
September 58,19 40,46  
October 59,34 41,32  
November 60,04 42,23  
December 59,81 43,20  
Jan-May 45,29 49,19 44,53
Change¹ % +34,87% +8,63% -9,47%
Average 52,31 44,64
Change¹ % +46,48% -14,67%
Last Update:15-07-2024
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 2022 2023 2024 ± on prev.
month.
± % from
2023
January 46,57 46,88 40,64 -1,49% -13,32%
February 47,62 44,03 42,07 +3,54% -4,45%
March 51,22 43,24 41,97 -0,23% -2,94%
April 55,02 41,41 42,13 +0,37% +1,74%
May 56,69 38,73 (e)44,86 +6,48% +15,81%
June 55,71 36,20  
July 55,23 34,49  
August 52,46 39,61  
September 53,65 43,13  
October 57,44 44,87  
November 54,89 44,03  
December 51,01 41,25  
Jan-May 51,42 42,86 42,33
Change¹ % +58,90% -16,65% -1,23%
Average 53,13 41,49
Change¹ % +53,58% -21,90%
Last Update:29-06-2024
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 2022 2023 2024 ± on prev.
month.
± % from
2023
January 43,46 38,34 33,54 +3,30% -12,52%
February 42,96 37,96 33,65 +0,33% -11,36%
March 45,46 36,59 33,17 -1,43% -9,33%
April 44,24 35,26 32,95 -0,66% -6,55%
May 42,80 35,66 33,27 +0,97% -6,70%
June 43,39 34,38  
July 42,77 28,89  
August 43,50 28,19  
September 42,12 30,59  
October 40,64 30,75  
November 40,65 31,62  
December 41,06 32,47  
Jan-May 43,78 36,76 33,32
Change¹ % +28,90% -16,03% -9,37%
Average 42,75 33,39
Change¹ % +16,66% -21,90%
Last Update:05-07-2024
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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