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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-28.
NZ$ per 100 kg. - € per 100 Kg. (VAT not included)
Month 2021
NZ$ 		2021
€ 		2022
NZ$ 		2022
€ 		2023
NZ$ 		2023
€ 		± on prev. mo.
NZ$ 		± on 2022
NZ$ 		± on prev. mo.
€ 		± on 2022
€
January 54,72 32,33 72,96 43,46 64,61 38,34 -5,55% -11,45% -6,62% -11,77%
February 57,76 34,58 72,96 42,96 64,60 37,96 -0,01% -11,46% -0,98% -11,63%
March 57,76 34,62 72,96 45,46 63,08 36,59 -2,35% -13,54% -3,63% -19,52%
April 57,38 34,18 70,68 44,24 62,32 35,26 -1,21% -11,83% -3,62% -20,29%
May 57,38 34,12 70,68 42,80 62,31 35,66 -0,01% -11,84% +1,13% -16,68%
June 60,80 35,88 72,20 43,39 60,80 34,38 -2,42% -15,79% -3,60% -20,77%
July 60,80 35,91 70,30 42,77 51,30 28,89 -15,62% -27,02% -15,96% -32,45%
August 60,80 36,04 70,29 43,50 51,29 28,19 -0,02% -27,02% -2,42% -35,20%
September 64,70 38,80 70,30 42,12 55,10 30,59 +7,42% -21,63% +8,51% -27,37%
October 66,89 40,66 70,31 40,64
November 66,12 40,66 68,40 40,65
December 69,92 42,00 68,40 41,06
Gen - Sep 58,92 35,12 71,65 43,44 59,49 ** 33,98 **
Variazione (1) +9,1% +14,2% +21,6% +23,7% -16,8% ** -21,7% **
Weighted Average 62,32 37,46 70,62 42,37
Variazione(1) +16,6% +22,6% +13,3% +13,1%
** Variation on the Arithmetic Average Yearly Price
1) Variation in percentage compared to the same period of the 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; From March 2021, Processed by CLAL
NZ$
 
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NZ$/100 kg
2008 2013 2018 2019 2020 2021 2022 2023 ± on prev.
month		 ± on
2022
January 52,45 44,22 52,43 50,53 57,01 54,72 72,96 64,61 -5,55% -11,45%
February 52,43 46,53 52,06 50,54 54,33 57,76 72,96 64,60 -0,01% -11,46%
March 55,50 46,56 52,06 50,55 57,00 57,76 72,96 63,08 -2,35% -13,54%
April 55,55 46,55 52,62 49,21 56,25 57,38 70,68 62,32 -1,21% -11,83%
May 60,09 46,55 52,64 49,21 56,25 57,38 70,68 62,31 -0,01% -11,84%
June 60,11 57,01 52,63 49,22 50,17 60,80 72,20 60,80 -2,42% -15,79%
July 53,28 61,81 53,97 49,21 50,16 60,80 70,30 51,30 -15,62% -27,02%
August 50,17 65,58 53,57 49,21 48,65 60,80 70,29 51,29 -0,02% -27,02%
September 50,19 65,58 50,73 50,92 50,87 64,70 70,30 55,10 +7,42% -21,63%
October 45,62 65,55 49,01 50,92 51,68 66,89 70,31
November 45,65 63,84 49,03 54,72 53,19 66,12 68,40
December 38,83 63,82 49,03 57,00 53,37 69,92 68,40
AVG Weighted Price 48,64 58,06 50,87 51,77 53,46 62,32 70,62 59,49 **
Change (1) +19,4% -12,4% +1,8% +3,3% +16,6% +13,3% -16,8% **
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 2008, 2013, 2018, 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
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 % on prev. month % on 2022 2023 % on prev. month % on 2022 2023 % on prev. month % on 2022
January 40,40 24,98 21,22 33,36 31,21 29,99 33,91 32,33 43,46 38,34 -6.62% -11.77% 47,29 -7.29% +1.55% 55,74 -4.31% +33.32%
February 40,41 24,69 19,99 33,53 30,82 30,44 31,84 34,58 42,96 37,96 -0.98% -11.63% 44,44 -6.02% -6.68% 53,34 -4.31% +25.51%
March 41,04 25,93 20,29 32,38 30,62 30,56 31,19 34,62 45,46 36,59 -3.63% -19.52% 43,45 -2.23% -15.17% 50,27 -5.76% +14.46%
April 40,24 24,86 20,32 32,84 31,06 29,43 31,06 34,18 44,24 35,26 -3.62% -20.29% 41,61 -4.24% -24.37% 47,52 -5.47% +2.79%
May 40,46 23,39 20,11 31,78 30,97 28,85 31,44 34,12 42,80 35,66 +1.13% -16.68% 39,14 -5.93% -30.95% 45,49 -4.27% -5.21%
June 30,01 24,87 22,86 34,23 31,29 28,75 28,71 35,88 43,39 34,38 -3.60% -20.77% 36,41 -6.99% -34.65% 44,30 -2.62% -10.32%
July 30,37 19,76 25,96 33,98 31,34 29,31 28,82 35,91 42,77 28,89 -15.96% -32.45% 34,69 -4.71% -37.19% 43,73 -1.29% -14.39%
August 26,97 22,58 28,46 34,08 30,94 28,44 27,13 36,04 43,50 28,19 -2.42% -35.20% 39,81 +14.77% -24.11% 43,52 -0.48% -16.90%
September 26,86 21,67 28,76 33,54 28,70 29,36 28,77 38,80 42,12 30,59 +8.51% -27.37% 43,33 +8.84% -19.23% 43,45 -0.16% -20.32%
October 26,45 23,08 32,31 33,00 27,87 29,17 29,14 40,66 40,64 45,08 (p) +4.04% -21.51% 43,47 +0.05% -23.25%
November 23,86 23,68 32,96 30,77 29,22 31,69 30,86 40,66 40,65
December 23,94 24,03 33,23 30,85 29,40 33,80 31,10 42,00 41,06
Average Weighted Price 31,20 23,78 27,06 32,56 29,79 30,38 30,56 37,46 42,37
Change (1) -12.57% -23.78% +13.79% +20.32% -8.51% +2.01% +0.59% +22.56% +13.10%
Avg Annual Price 32,58 23,63 25,54 32,86 30,29 29,98 30,33 36,65 42,75 33,98 41,53** 47,08**
Change (1) -92.14% -27.49% +8.09% +28.67% -7.84% -1.00% +1.16% +20.83% +16.66% -21.71% -21.89%** -3.21%**
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
  min price
  max price
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