The IFCN World Milk Price Indicator, which combines Oceanian export prices for the 5 main dairy commodities, increased in May 2024.

This increase is driven by an increase in all dairy commodities, due to strong demand for butter on one side, and steady demand and tight stocks for powders on the other side.

43.0 USD

100kg milk +2.6% vs. previous month

38,6 ct


9.0 NZD

kg MS

19.7 USD