Domestic Market Updates 

Track Australian dairy market updates for some of the latest developments in production, trade and retail sales.

Check out the video for regular developments in dairy markets that affect milk prices in Australia.

SA Dairyfarmers Face Headwinds

SA Dairyfarmers Face Headwinds

South Australian dairy farmers face some headwinds including milk price cuts, additional fodder costs caused by seasonal pressures, rising interest costs and late processor payments for some. Some suppliers to Beston Global Food Company say significant portions of...

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Heavy Rain For The South East

Heavy rains have soaked  south-east Victoria and Tasmania over the past week.Wtach and Act alerts are in place for the Latrobe River between Yallourn and Traralgon Creek in Gippsland. Heavy rain also lashed Tamania, along with wind gusts of up to 100km/h along the...

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SA Dairyfarmers Face Headwinds

WA Winter Crop Down But Not Out

The Grain Industry Association of Western Australia (GIWA) has released its initial estimate for the state’s winter crop, now up and away in virtually all areas at 16.3mt from 8.7m ha planted. In its July crop report, author Michael Lamond said rain at the start of...

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Consumer Sentiment Eases

Consumer Sentiment Eases

The Westpac-Melbourne Institute consumer sentiment index fell 1.1% to 82.7 in July as family finances came under pressure.  According to Westpac, fears of persistent inflation and more interest rate rises weigh heavily on the consumer mood. While tax cuts came into...

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SA Dairyfarmers Face Headwinds

Beston Extends Trading Halt

Beston Global Food Company placed its shares in a trading halt last week pending an announcement regarding funding and milk supply. Late last week, the company requested an extension of its trading suspension on the ASX, stating the company is not yet in a position to...

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Australian May Output Up 3.5%

Australian May Output Up 3.5%

National milk production was  up +3.5% YOY in May, bringing season-to-date intake +3% of the same period last year. Victorian milk production rose 4.4% YOY in May, with Gippsland up +11.8% and northern Victoria up +4.1%. Dry conditions impacted milk production in the...

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Average Rainfall, Warmer Days Ahead

Average Rainfall, Warmer Days Ahead

The latest long-range forecast from the Bureau of Meteorology (BoM) for July to September is average rainfall for some central areas, including South Australia's pastoral zones and parts of the east coast. In Tasmania, drier conditions are expected.  Near median to...

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Australian May Output Up 3.5%

Seasonal Water High

Prior season reserves have secured good opening seasonal determinations for the 2024/25 season across the Murray, Goulburn and Campaspe systems. Resource manager for northern Victoria Mark Bailey said rainfall in the 2023/24 season secured large volumes despite recent...

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SA Dairyfarmers Face Headwinds

Mandatory Grocery Code To Be Legislated

The Australian  Government has accepted all recommendations from the Emerson review of supermarket conduct, including a mandatory Food and Grocery Code of Conduct.  The Government has pledged to legislate new fines for breaches of the grocery code which according to...

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CPI Up More Than Expected In May

CPI Up More Than Expected In May

Annual headline inflation came in at +4% in May, up from +3.6% the month prior. Annual inflation for Food and non-alcoholic beverages was +3.3% in May, down from 3.8% in April. The largest contributor to the increase in food prices was the Meals out and take away...

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