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Contact UsMilk Exchange
The Milk Exchange trading platform is a cloud based, e-commerce solution that allows buyers and sellers to offer for sale or purchase 10 categories and 30 individual milk and dairy products simply and efficiently online.
Access to the Milk Exchange is obligation free and provides a valuable service to the dairy industry given its open and transparent nature.
The Milk Exchange is designed to provide simplicity and low cost in undertaking milk and dairy trades via an online marketplace open to anyone to register free of charge and with no obligation to trade.
The Milk Exchange helps create the best solution for buyers and sellers of milk and dairy products by bringing them together on a secure cloud-based exchange that provides immediate and maximum exposure and coverage to potential counterparties as their offer to buy or sell can be viewed by any and all parties at the same time. The Milk Exchange removes the time-consuming process of buyers or sellers ‘shopping’ their product or requirement around the market.
As a cloud based exchange, the Milk Exchange is readily accessible to milk and dairy buyers and sellers on a 24 hours 7 days a week basis and can be used by the industry to observe the market value of milk and dairy products at any point in time.
The Milk Exchange utilises Microsoft’s Azure managed data centres which is the same cloud service used by more than 95% of Fortune 500 companies. This provides users with high levels of confidence in the stability of the platform and security of their data.
The Milk Exchange is a significant innovation for the Australian dairy industry which allows the industry to focus on increasing volume and value and gain from increased efficiency in trading milk and dairy products.
The Milk Exchange is a transparent, secure and more competitive system of trading milk that the Australian dairy industry so desperately needs.
It finally delivers choice to both farmer and buyer with tradable milk contracts, open transparent pricing, lower transaction costs and a range of services including traceback and controls – all on a digital platform.
As noted in Farm Online:
“The national digital milk market, launched this week, is not unlike electronic livestock marketplace, AuctionsPlus, or similar online grain trading facilities.
It has been billed as a game changer for an industry where dairy farmers are frequently frustrated by a lack of true market price transparency and are locked into secret contracts committing their production to specific processors.
With national milk production volumes seriously depleted by drought, the Milk Exchange initiative will allow sellers and raw milk buyers in all states to join an open trade, or at least get a broader picture of demand and price indicators for any spare supplies on offer.
Sellers could be farmers with uncontracted production, or processors with surplus milk to offload.”