Milk Solids Price Trends
(calculator at bottom of page)
Table : Factory Supply Dairy Farms : Trend In Prices Received For Milksolids Since 1986/87
| Season | NZDB Advance Payout (NZ$/kg milksolids) |
Average Dairy Company* Payout (NZ$/kg milksolids) |
Company Payout (inflation adjusted)** |
|---|---|---|---|
| 1986/87 | 1.90 | 2.03 | 2.79 |
| 1987/88 | 2.07 | 2.34 | 3.02 |
| 1988/89 | 3.05 | 3.28 | 4.05 |
| 1989/90 | 3.33 | 3.59 | 4.12 |
| 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 |
| Av 86/87-95/96 | 2.82 | 3.14 | 3.55 |
| 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 |
| * This is the amount the farmer receives | |||
| **Weighted to give real dollar values using the Consumers Price Index (base December 1993) for the end of the June quarter. | |||
| f = MAF forecast | |||
| Source : Dairy Statistics, Livestock Improvement Corporation ; MAF. | |||
| Comments | |||
| 1 During the decade 1986/87 to 1995/96 dairy company payouts ranged between $2.03 and $3.99 per kg of milk solids, and averaged $3.14 for the period. | |||
| 2 From 1996/97 to 1999/2000 the dairy company payout is estimated to average around $3.65 per kg of milk solids over 15% higher for the 10 year period. | |||
| 3 Real payout levels through to 2000 are likely to be at similar levels to the 10 year 1986/87 to 1995/96 average level ie $3.55 per kg of milk solids. | |||
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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