Milk Solids Price History
(calculator at bottom of page)
Table : Factory Supply Dairy Farms : Trend In Prices Received For Milksolids Since 1990
| Season | NZDB Advance Payout (NZ$/kg milksolids) |
Average Dairy Company (NZ$/kg milksolids) |
Company Payout(inflation adjusted)* (NZ$/kg milksolids) |
|---|---|---|---|
| 1950/51 | na | 0.36 | 7.54 |
| 1960/61 | na | 0.4 | 5.8 |
| 1970/71 | na | 0.49 | 4.56 |
| 1980/81 | 1.52 | 1.52 | 4.22 |
| 1990/91 | 2.12 | 2.42 | 2.70 |
| 1991/92 | 2.98 | 3.34 | 3.70 |
| 1992/93 | 3.25 | 3.66 | 3.99 |
| 1993/94 | 2.90 | 3.32 | 3.58 |
| 1994/95 | 3.00 | 3.40 | 3.51 |
| 1995/96 | 3.60 | 3.99 | 4.03 |
| 1996/97 | 3.18 | 3.63 | 3.63 |
| 1997/98 | 3.00 | 3.49 | 3.43 |
| 1998/99f | 3.15 | 3.64 | 3.51 |
| 1999/20f | 3.35 | 3.85 | 3.63 |
| *Weighted to give real dollar values using the Consumers Price Index (base December 1993) for the end of the June quarter. | |||
| MAF forecast | |||
| Source : Dairy Statistics, Livestock Improvement Corporation ; MAF. | |||
| Comments | |||
| 1 Dairy company payouts for milksolids(in real terms) are currently significantly lower than was the case in 1950/51 and 1960/61. | |||
| 2 Since 1990/1991 payouts have been recovered despite the New Zealand dollar trading at a high level relative to the $US | |||
| 3 Further modest increases in dairy payout are thought attainable during the next two years. | |||
Contact for Enquiries
Manager
Monitoring and Evaluation
MAF Policy
PO Box 2526
Wellington
NEW ZEALAND
Phone: +64 4 894 0623
Fax: +64 4 894 0741
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