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.

Keytone sales lift

Keytone sales lift

Australia-New Zealand-based Keytone Dairy recorded substantial growth in the 12 months to 31 March 2021, with statutory revenue lifting 125% to $50.7m. Sales lifted for all Keytone divisions, with statutory sales in Australian contract manufacturing lifting 109% to...

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Biggest floods on record

Biggest floods on record

A special report from the Bureau of Meteorology reveals that the New South Wales coast experienced its wettest week ever during last month’s floods with 81,000GL of rain falling in the state. Flooding reached record heights on the Mid North Coast and the...

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Keytone sales lift

Beston lifts lactoferrin production

South Australia-based Beston Global Food’s lactoferrin factory in Jervois will begin using new equipment in a few weeks, lifting annual lactoferrin capacity from 3t to 25t. In the first stage of commissioning Beston produced lactoferrin with a purity of more than 95%,...

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Biggest floods on record

Rain: It’s complicated

After La Niña downpours through March and April, large parts of Australia have seen rainfall deficiencies significantly reduced. However, it seems La Niña rain has missed a lot of south-east Queensland, affecting dairy farmers in the region. In the latest drought...

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Keytone sales lift

Milk Exchange opens trading for 2021/22

The Milk Exchange’s next trading event on 21 April will enable milk suppliers to sell new season milk, giving suppliers the opportunity to set a reserve price for their milk and designating a validity period for the offer. Milk Exchange general manager commercial...

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Australian exports mixed

Australian exports mixed

Australian cheese exports fell 3.9% to 98,861t in the eight months to February, including a reduction of 10,198t in sales to Japan. Butter and AMF exports rose 134% and 50.7% respectively. Combined fat exports (on a commercial butter equivalent basis) were up 103% for...

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Keytone sales lift

EU looks to impose more GIs

National Farmers Federation’s (NFF) chief executive Tony Mahar says Australian farmers, processors and consumers are at a disadvantage as the EU has added haloumi to its list of geographical indicators (GI) products. The EU voted to restrict cheese manufacturers...

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Keytone sales lift

Rabo tips historic 2021/22 price

According to Rabobank’s annual Australian Dairy Seasonal Outlook the local dairy industry has “weathered the severe global storm” and is on track to exceed industry targets three years running. Rabo’s southern export region milk price forecast for the 2021/22 season...

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Dairy farms impacted by floods

Dairy farms impacted by floods

Following last weeks floods across NSW, dairy farmers are assessing damage to property, including fencing and other infrastructure costs as well as loss of livestock, swept away by the currents. Farmers on the Mid North Coast of NSW who farm on islands surrounded by...

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