Domestic Market Updates
Track Australian dairy market updates for some of the latest developments in production, trade and retail sales.
Australian Exports Down in 2025-26
exports rose 10.2% YOY in June but declined 4.3% YOY across the full season. Cheese exports rose 11.3% YOY but were down 1.6% over the full season, reflecting a 25.9% YOY decline (17,596t) in shipments to Japan. Following three consecutive monthly declines, SMP...
Cow Culling Declines
Saleyard transactions of dairy cow culls, as reported by the National Livestock Reporting Service (NLRS), were flat YOY in the 2025/26 season (July-June). July-26 alone declined 27% YOY, the fourth consecutive monthly fall as farmers were incentivized to retain cow...
Woolworths Discontinues Farmer’s Own Brand
Woolworths is phasing out its Farmers’ Own milk brand, with the product already withdrawn from South Australian stores and set to disappear from stores in NSW, Queensland, Victoria and WA by mid-2027 as supplier contracts expire. Farmers supplying the brand are being...
Aussie Dollar Jumps Higher
The Australian dollar spiked in value by 0.67% toward the end of last week to its highest weekly close in seven weeks. While the war in Iran has weighed heavily on the global economy, news that the US Treasury had jointly intervened with Japan to prop up the yen for...
Domino’s Makes Big Changes
Domino’s closed 29 stores and ended some customer deals like $5 pizzas on Friday nights in an effort to protect franchisee profits following a massive financial hit. This came after the Australian branch of the global chain revealed significant losses ahead of its...
Top 5 Milk Production to Grow 1.6% in 2026
According to USDA’s latest “Dairy: World Markets and Trade” report, milk supply from the top 5 global exporting countries is projected to increase 1.6% in 2026, reflecting increases across all suppliers. The US has the largest herd in more than 30 years, but...
Inflation Eases in June
Australia’s annual pace of inflation eased more than anticipated in June, possibly cooling near-term expectations for an interest rate hike. The consumer price index rose 3.8% in the 12 months to June, down from 4% in May, according to the Australian Bureau of...
Australian Consumer Sentiment Lifts
Australians remain gloomy about the economic outlook, but fuel price pressures and fears about a potential interest rate increase moderated, leading to a rise in July sentiment. The Westpac-Melbourne Institute Consumer Sentiment Index rose to 83.9, up from 80.6 in...
Cow Culling Again Lower in June
Saleyard transactions of dairy cow culls, as reported by the National Livestock Reporting Service (NLRS), were flat YOY in the 2025-26 season (July-June). Culling declined 4% YOY in June alone, the third consecutive monthly decrease. The average June saleyard price of...
Rain Spurs Crop Yield
Recent rainfall across Victoria has filled soil moisture profiles to near capacity, driving strong optimism for the state's winter crops. Agriculture Victoria data shows many key cropping regions are now at or close to 100% soil moisture after good June and early July...