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Learn more about milk supply agreements that are currently being offered across dairying regions.
Latest Australian Update
Warmer and wetter winter ahead
The Bureau of Meteorology (BoM) outlook for June to August is for a wetter than average winter is expected for most of Australia and warmer than average temperatures are expected across the north and south. Above average rainfall is forecast for most of Australia,...
Australia: Milk drops 5.1% in March
Milk output fell 5.1% YOY in March, bringing season to date output 3.2% behind the comparable as large declines were recorded across all states. The March production fall marks the 10th consecutive month of YOY decline in national milk production. Milk production in...
Strong Australian exports for March
There were strong trends in Australian exports in March, with cheese shipments up 7.2% for the month and 6.4% higher for the quarter. Increased sales to SE Asia accounted for most of the growth in March. Milk and cream exports were up 59% YOY in March, the ninth...
Latest Global Update
EU milk supplies remain tight
EU-27 milk supplies fell an estimated 0.4% YOY in March 2022. Declines in France (-1.2% YOY), Ireland (-3.3% YOY) and the Netherlands (-2.5% YOY) more than offset increases in Poland (+1.8% YOY), Italy (+2.9% YOY) and Denmark (+0.6% YOY). The estimate is based on 64%...
USDA raises milk growth forecast
In its May WASDE report, the USDA milk production forecast for 2022 was increased by 0.2% from the previous month, reflecting a larger dairy herd more than offsetting lower average milk per cow. Milk output is now expected to grow 0.2% YOY to 102.8bn kgs in 2022 after...
GDT #308 provides a mixed result
The event index fell 2.9%, the 5th decline in succession, but that measure was weaker due to softer butterfat and the heavier volumes of Instant WMP which produced a crash in C2 prices. Otherwise there was a rise in regular WMP while SMP was essentially flat on...
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