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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 2018
NZ$
2018
2019
NZ$
2019
2020
NZ$
2020
± on prev. month
( NZ$ )
± on 2019
( NZ$ )
± on prev. month
( € )
± on 2019
( € )
January 52,43 31,21 50,53 29,99 57,01 33,91 +0,01% +12,81% +0,33% +13,07%
February 52,06 30,82 50,54 30,44 54,33 31,84 -4,69% +7,49% -6,10% +4,60%
March 52,06 30,62 50,55 30,56 57,00 31,19 +4,92% +12,76% -2,04% +2,06%
April 52,62 31,06 49,21 29,43 56,25 31,06 -1,33% +14,31% -0,42% +5,54%
May 52,64 30,97 49,21 28,85 56,25 31,44 +0,00% +14,30% +1,22% +8,98%
June 52,63 31,29 49,22 28,75
July 53,97 31,34 49,21 29,31
August 53,57 30,94 49,21 28,44
September 50,73 28,70 50,92 29,36
October 49,01 27,87 50,92 29,17
November 49,03 29,22 54,72 31,69
December 49,03 29,40 57,00 33,80
Average Weighted Price 50,87 29,79 51,77 30,38 56,17 ** 31,89 **
Change (1) -2,7% -8,5% +1,8% +2,0% +12,3% +6,8%
** 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
2005 2010 2015 2016 2017 2018 2019 2020 ± on prev.
month
± on
2019
January 33,93 46,37 38,00 35,34 49,78 52,43 50,53 57,01 +0,01% +12,81%
February 33,97 46,37 37,62 33,45 49,40 52,06 50,54 54,33 -4,69% +7,49%
March 33,96 49,43 37,62 33,44 49,40 52,06 50,55 57,00 +4,92% +12,76%
April 33,94 49,41 35,34 33,44 50,54 52,62 49,21 56,25 -1,33% +14,31%
May 33,99 43,50 35,35 33,44 50,55 52,64 49,21 56,25 +0,00% +14,30%
June 29,04 53,25 39,91 36,47 53,21 52,63 49,22
July 29,05 52,56 32,69 40,27 53,21 53,97 49,21
August 30,21 52,53 38,39 44,09 55,10 53,57 49,21
September 30,20 52,45 38,39 44,08 55,09 50,73 50,92
October 30,19 54,96 38,76 49,79 55,09 49,01 50,92
November 30,21 54,74 38,75 49,78 52,44 49,03 54,72
December 30,20 54,73 38,77 49,79 52,45 49,03 57,00
AVG Weighted Price 31,57 ** 51,51 38,01 42,34 52,28 50,87 51,77 56,17 **
Change (1) -26,2% +11,4% +23,5% -2,7% +1,8% +12,3%
Source: UK-Milk Development Council - LTO NEDERLAND
1) change from the same period of previous year , except for years 2010, 2015, 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)
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 % on prev. month % on 2019 2020 % on prev. month % on 2019 2020 % on prev. month % on 2019
January 33,89 32,12 27,85 40,40 24,98 21,22 33,36 31,21 29,99 33,91 +0,33% +13,07% 38,93 -5,20% +21,43% 34,93 -1,30% -0,26%
February 32,97 31,98 29,21 40,41 24,69 19,99 33,53 30,82 30,44 31,84 -6,10% +4,60% 38,21 -1,84% +17,10% 34,99 +0,17% +0,14%
March 31,34 31,44 29,74 41,04 25,93 20,29 32,38 30,62 30,56 31,19 -2,04% +2,06% 35,87 -6,13% +4,50% 34,10 -2,54% -0,73%
April 32,26 30,05 30,33 40,24 24,86 20,32 32,84 31,06 29,43 31,06 -0,42% +5,54% 29,23 -18,52% -15,83% 33,25 -2,49% -3,17%
May 32,80 29,30 29,51 40,46 23,39 20,11 31,78 30,97 28,85 31,44 +1,22% +8,98% 27,50 (p) -5,90% -22,48% 32,60 -1,95% -3,64%
June 30,42 27,68 34,18 30,01 24,87 22,86 34,23 31,29 28,75
July 31,82 27,48 37,25 30,37 19,76 25,96 33,98 31,34 29,31
August 31,46 27,66 38,97 26,97 22,58 28,46 34,08 30,94 28,44
September 29,71 26,95 39,97 26,86 21,67 28,76 33,54 28,70 29,36
October 28,97 26,75 40,09 26,45 23,08 32,31 33,00 27,87 29,17
November 29,42 28,23 39,10 23,86 23,68 32,96 30,77 29,22 31,69
December 30,32 28,00 38,31 23,94 24,03 33,23 30,85 29,40 33,80
Average Weighted Price 30,92 28,99 35,69 31,20 23,78 27,06 32,56 29,79 30,38 31,89 ** 33,95** 33,97**
Change (1) +10,5% -6,2% +23,1% -12,6% -23,8% +13,8% +20,3% -8,5% +2,0% +6,8% +0,3% -1,5%
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
  = min price
  = max price
UK trade data for the period Jan - Apr 2020 are provisional