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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 Argentina compared with EU-28.
New Zealand/Fonterra - Farm-gate raw Milk prices *
NZ$ per 100 kg. - € per 100 Kg. (VAT not included)
Month 2017
NZ$
2017
2018
NZ$
2018
2019
NZ$
2019
± on prev. month
( NZ$ )
± on 2018
( NZ$ )
± on prev. month
( € )
± on 2018
( € )
January 49,78 33,36 52,43 31,21 50,53 29,99 +3,08% -3,62% +2,01% -3,91%
February 49,40 33,53 52,06 30,82 50,54 30,44 +0,02% -2,91% +1,50% -1,23%
March 49,40 32,38 52,06 30,62 50,55 30,56 +0,01% -2,89% +0,39% -0,20%
April 50,54 32,84 52,62 31,06 49,21 29,43 -2,66% -6,49% -3,70% -5,25%
May 50,55 31,78 52,64 30,97
June 53,21 34,23 52,63 31,29
July 53,21 33,98 53,97 31,34
August 55,10 34,08 53,57 30,94
September 55,09 33,54 50,73 28,70
October 55,09 33,00 49,01 27,87
November 52,44 30,77 49,03 29,22
December 52,45 30,85 49,03 29,40
Average Weighted Price 52,28 32,56 50,87 29,79 50,21 ** 30,11 **
Change (1) +23,5% +20,3% -2,7% -8,5% -4,0% -2,7%
** Avg Annual Price
1) change from the same period of previous year
NOTE: * Data based on payout forecast, 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
NZ$
 
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NZ$/100 kg New Zealand
Average Monthly prices of Milk
2004 2009 2014 2015 2016 2017 2018 2019 ± on prev.
month
± on
2018
January 31,89 38,83 66,46 38,00 35,34 49,78 52,43 50,53 +3,08% -3,62%
February 31,90 38,79 66,54 37,62 33,45 49,40 52,06 50,54 +0,02% -2,91%
March 31,92 39,53 66,48 37,62 33,44 49,40 52,06 50,55 +0,01% -2,89%
April 31,93 39,59 64,58 35,34 33,44 50,54 52,62 49,21 -2,66% -6,49%
May 31,89 39,57 64,56 35,35 33,44 50,55 52,64
June 29,05 34,65 47,32 39,91 36,47 53,21 52,63
July 29,09 34,60 47,31 32,69 40,27 53,21 53,97
August 29,08 38,76 42,57 38,39 44,09 55,10 53,57
September 30,57 38,80 42,55 38,39 44,08 55,09 50,73
October 30,56 46,00 42,56 38,76 49,79 55,09 49,01
November 32,46 45,99 38,01 38,75 49,78 52,44 49,03
December 32,43 46,03 38,00 38,77 49,79 52,45 49,03
AVG Weighted Price 31,06 ** 41,95 50,23 38,01 42,34 52,28 50,87 50,21 **
Change (1) +19,8% -24,3% +11,4% +23,5% -2,7% -4,0%
Source: UK-Milk Development Council - LTO NEDERLAND
1) change from the same period of previous year , except for years 2009, 2014, 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 WEIGHTED AVERAGE
Farm-gate raw Milk
(excl. VAT, incl quality)
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 % on prev. month % on 2018 2019 % on prev. month % on 2018 2019 % on prev. month % on 2018
January 23,60 33,89 32,12 27,85 40,40 24,98 21,22 33,36 31,21 29,99 +2,01% -3,91% 32,06 -0,28% +9,50% 35,02 -1,44% -1,52%
February 23,64 32,97 31,98 29,21 40,41 24,69 19,99 33,53 30,82 30,44 +1,50% -1,23% 32,63 +1,79% +19,44% 34,94 -0,23% +1,54%
March 25,58 31,34 31,44 29,74 41,04 25,93 20,29 32,38 30,62 30,56 +0,39% -0,20% 34,13 +4,59% +21,63% 34,35 -1,69% +2,32%
April 26,26 32,26 30,05 30,33 40,24 24,86 20,32 32,84 31,06 29,43 -3,70% -5,25% 34,72 (p) +1,74% +23,15% 34,34 -0,03% +5,14%
May 24,15 32,80 29,30 29,51 40,46 23,39 20,11 31,78 30,97 34,11 (e) -0,67% +6,29%
June 30,14 30,42 27,68 34,18 30,01 24,87 22,86 34,23 31,29
July 29,32 31,82 27,48 37,25 30,37 19,76 25,96 33,98 31,34
August 29,09 31,46 27,66 38,97 26,97 22,58 28,46 34,08 30,94
September 29,21 29,71 26,95 39,97 26,86 21,67 28,76 33,54 28,70
October 29,71 28,97 26,75 40,09 26,45 23,08 32,31 33,00 27,87
November 30,92 29,42 28,23 39,10 23,86 23,68 32,96 30,77 29,22
December 31,16 30,32 28,00 38,31 23,94 24,03 33,23 30,85 29,40
Average Weighted Price 27,99 30,92 28,99 35,69 31,20 23,78 27,06 32,56 29,79 30,11 ** 33,38** 34,55**
Change (1) +44,2% +10,5% -6,2% +23,1% -12,6% -23,8% +13,8% +20,3% -8,5% -2,7% +18,3% +2,7%
Source: UK-Milk Development Council - LTO NEDERLAND
1) change from the same period of previous year
2) VAT not included
** Avg Annual Price
(e) = estimated 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
  = min price
  = max price