Differences in farming systems can have an impact on the price outcome, even within a region. Find out more.
Latest Australian Update
Review Calls for Mandatory Supermarket Code
An interim report recommending a mandatory code of conduct for supermarkets with hefty financial penalties for breaches has been delivered to the Australian Government. The review recommended current voluntary guidelines be made into legally-binding obligations....
Consumer Sentiment Stays Negative
After rising sharply earlier this year, consumer sentiment is falling, recording its second consecutive fall in April. The Westpac-Melbourne Institute consumer sentiment index declined 2.4% points from the prior month to 82.4 in April. It’s the longest time the index...
Lactalis to close Echuca site
Lactalis will close its Echuca factory, putting more than 70 jobs at risk. However the French-owned company will invest $85m over the next three years in its other Victorian sites. A detailed review of operations led to a plan for one regional hub in the state, and...
Latest Global Update
Prices Lift on Pulse
Regular grade WMP prices rose at this week’s GDT Pulse event with prices up 0.6% against GDT event #353 and 5.1% ahead of the previous Pulse event at US$3,215/t. Instant WMP settled at US$3,310/t, taking the weighted average WMP price to US$3,280/t. Futures settled...
Australian Exports Continue to Grow
Australian exports were up 5% for the season to February in milk solid equivalent terms. The increase was led by increased shipments of cheese, milk powders, butter and dry whey. Exports were ahead in the month of February across most dairy products except milk...
GDT index rises
GDT event #353 recovered part of the ground lost at the previous event, with the overall price index up 2.8%. Demand was above average across commodities, most impressively in fats. Chinese involvement was better than the previous event, but still on the low side of...
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Read FAQ about the Milk Value Portal
This ADPF article discusses the 2022/23 season’s milk supply agreements
Listen to the Business of Dairy Podcast with ADPF executive director Janine Waller
See the Milk Value Portal Factsheet
See the latest Quarterly Insights from Freshagenda
Read the Milk Value Portal Flipbook
ADPF president Grant Crothers explains how the Milk Value Portal can help restore trust between farmers and processors
Check for changes in processor contracts
Read important details of the Dairy Code of Conduct and the ADPF template for code-compliant contract terms
Watch the video on why the world dairy markets matter
Watch the overview animation prepared by Dairy Australia, explaining how the Farmgate Milk Value tool is of use to you
Watch ADPF’s presentation of the Milk Value Portal at The ABARES Outlook 2022 Conference – Growing agriculture through innovation and sustainability