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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 49,21 28,85 +0,01% -6,51% -1,97% -6,85%
June 53,21 34,23 52,63 31,29 49,22 28,75 +0,01% -6,50% -0,35% -8,12%
July 53,21 33,98 53,97 31,34 49,21 29,31 -0,01% -8,82% +1,95% -6,48%
August 55,10 34,08 53,57 30,94 49,21 28,44 -0,00% -8,15% -2,97% -8,08%
September 55,09 33,54 50,73 28,70 50,92 29,36 +3,49% +0,39% +3,23% +2,30%
October 55,09 33,00 49,01 27,87 50,92 29,17 -0,01% +3,89% -0,65% +4,66%
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 49,95 ** 29,43 **
Change (1) +23,5% +20,3% -2,7% -8,5% -4,3% -3,5%
** 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 49,21 +0,01% -6,51%
June 29,05 34,65 47,32 39,91 36,47 53,21 52,63 49,22 +0,01% -6,50%
July 29,09 34,60 47,31 32,69 40,27 53,21 53,97 49,21 -0,01% -8,82%
August 29,08 38,76 42,57 38,39 44,09 55,10 53,57 49,21 -0,00% -8,15%
September 30,57 38,80 42,55 38,39 44,08 55,09 50,73 50,92 +3,49% +0,39%
October 30,56 46,00 42,56 38,76 49,79 55,09 49,01 50,92 -0,01% +3,89%
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 49,95 **
Change (1) +19,8% -24,3% +11,4% +23,5% -2,7% -4,3%
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 -1,46% -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 +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 28,85 -1,97% -6,85% 35,48 +2,18% +17,35% 33,83 -1,49% +5,42%
June 30,14 30,42 27,68 34,18 30,01 24,87 22,86 34,23 31,29 28,75 -0,35% -8,12% 35,33 -0,41% +14,83% 33,42 -1,21% +3,56%
July 29,32 31,82 27,48 37,25 30,37 19,76 25,96 33,98 31,34 29,31 +1,95% -6,48% 36,75 +4,01% +25,67% 33,52 +0,30% +1,76%
August 29,09 31,46 27,66 38,97 26,97 22,58 28,46 34,08 30,94 28,44 -2,97% -8,08% 37,45 +1,91% +21,85% 33,63 +0,33% +0,18%
September 29,21 29,71 26,95 39,97 26,86 21,67 28,76 33,54 28,70 29,36 +3,23% +2,30% 38,67 +3,25% +21,00% 34,39 +2,26% -1,26%
October 29,71 28,97 26,75 40,09 26,45 23,08 32,31 33,00 27,87 29,17 -0,65% +4,66% 39,69 (p) +2,65% +18,15% 34,92 +1,54% -2,54%
November 30,92 29,42 28,23 39,10 23,86 23,68 32,96 30,77 29,22 35,02 (e) +0,29% -2,91%
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 29,43 ** 35,69** 34,31**
Change (1) +44,2% +10,5% -6,2% +23,1% -12,6% -23,8% +13,8% +20,3% -8,5% -3,5% +19,2% +1,0%
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