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Farm-gate prices of milk
This page contains two graphs:
  • one comparing the price of Farm-gate Milk in New Zealand, the US and Lombardy, (the largest milk-producing region in Italian production) over a given time period;
  • one comparing the price of Farm-gate Milk in New Zealand, US and Germany over a given time period.

N.B.:
New Zealand exports approximately 85% of its milk production, which is processed into cheddar-type cheeses, milk powders and butter.
New Zealand exports standard products that are mainly linked to mass consumption or industrial use.
The main difference between New Zealand's production (which is comparable to US production) and Lombard production lies in the quality of end use, which is reflected by the different milk prices. Lombard milk production is mostly processed into P.D.O. (Protected Designation of Origin) products.

 
Month 2021 2022 2023 ± on prev.
month. 		± % from
2022
January 36,37 40,25 (e)58,20 0,00% +44,58%
February 36,37 41,22 (e)55,77 -4,17% +35,29%
March 36,37 42,19 (e)55,77 0,00% +32,18%
April 36,37 46,56 (e)52,38 -6,09% +12,50%
May 36,37 46,56 (e)51,41 -1,85% +10,42%
June 36,86 47,04 (e)50,44 -1,89% +7,22%
July 37,34 53,35 (e)49,95 -0,96% -6,36%
August 37,34 53,35 (e)48,98 -1,94% -8,18%
September 37,34 55,29 (e)48,50 -0,99% -12,28%
October 37,83 55,29 (e)48,01 -1,00% -13,16%
November 38,31 56,26  
December 39,28 58,20  
Jan-Oct 36,86 48,11 51,94
Change¹ % +2,29% +30,53% +7,96%
Average 37,18 49,63
Change¹ % +3,25% +33,48%
Last Update:15-11-2023
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Approx. average fat 3,7% p.v. ; Prot 3,25% p.v.
(e) = estimated price
Source: Processed by CLAL
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Month 2021 2022 2023 ± on prev.
month. 		± % from
2022
January 32,81 41,66 56,93 -4,82% +36,65%
February 32,82 43,12 52,47 -7,83% +21,68%
March 33,30 44,86 48,07 -8,39% +7,16%
April 34,07 47,20 45,14 -6,10% -4,36%
May 34,89 49,59 43,33 -4,01% -12,62%
June 35,52 52,08 41,50 -4,22% -20,31%
July 35,80 55,04 40,57 -2,24% -26,29%
August 35,93 56,77 40,39 -0,44% -28,85%
September 36,42 58,19 40,46 +0,17% -30,47%
October 37,48 59,34  
November 39,09 60,04  
December 40,38 59,81  
Jan-Sep 34,62 49,83 45,43
Change¹ % +7,44% +43,96% -8,84%
Average 35,71 52,31
Change¹ % +10,33% +46,48%
Last Update:15-11-2023
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Approx. average fat 3,7% p.v. ; Prot 3,25% p.v.3,7% fat - 3,40% proteins
Since January 2010 Fat content, to which farm-gate milk price refers, has increased from 3,70 % to 4,00 %.
Source: Processed by CLAL
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Month 2021 2022 2023 ± on prev.
month. 		± % from
2022
January 30,98 46,57 47,29 -7,29% +1,55%
February 30,43 47,62 44,44 -6,02% -6,68%
March 32,05 51,22 43,45 -2,23% -15,17%
April 33,68 55,02 41,61 -4,24% -24,37%
May 34,67 56,69 39,14 -5,93% -30,95%
June 33,31 55,71 36,41 -6,99% -34,65%
July 33,19 55,23 34,69 -4,71% -37,19%
August 32,96 52,46 39,81 +14,77% -24,11%
September 34,28 53,65 (e)43,33 +8,84% -19,23%
October 37,25 57,44  
November 39,98 54,89  
December 42,32 51,01  
Jan-Sep 32,84 52,69 41,13
Change¹ % -4,99% +60,44% -21,93%
Average 34,59 53,13
Change¹ % -1,17% +53,58%
Last Update:01-11-2023
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Approx. average fat 3,7% p.p. avg.
(e) = estimated price
Source: Processed by CLAL
  min price
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Month 2021 2022 2023 ± on prev.
month. 		± % from
2022
January 32,33 43,46 38,34 -6,62% -11,77%
February 34,58 42,96 37,96 -0,98% -11,63%
March 34,62 45,46 36,59 -3,63% -19,52%
April 34,18 44,24 35,26 -3,62% -20,29%
May 34,12 42,80 35,66 +1,13% -16,68%
June 35,88 43,39 34,38 -3,60% -20,77%
July 35,91 42,77 28,89 -15,96% -32,45%
August 36,04 43,50 28,19 -2,42% -35,20%
September 38,80 42,12 30,59 +8,51% -27,37%
October 40,66 40,64  
November 40,66 40,65  
December 42,00 41,06  
Jan-Sep 35,16 43,41 33,98
Change¹ % +15,97% +23,46% -21,71%
Average 36,65 42,75
Change¹ % +20,83% +16,66%
Last Update:07-11-2023
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Approx. average fat 4,7% p.p. avg. ; Prot. 3,35% p.p. avg.
Source: UK-Milk Development Council
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