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EU Farmgate Milk Prices. Published 10 April 17. The February EU weighted average milk price stood at â¬33.32/100kg (29.26ppl), down â¬0.11/100kg (0.3%) on the previous month. In pence per litre, the price was down on January by 0.37ppl (1.2%).
Farmgate Milk Price. New Zealand is unique in that 95% of milk production is exported with Fonterra collecting around 87% of the milk. As a result, there is no 'market price' set through competition for supply. Fonterra instead calculates a Farmgate Milk Price using independently approved methodology.