Domestic Market Updates
Track Australian dairy market updates for some of the latest developments in production, trade and retail sales.
Australian Exports Mixed in July
Australian dairy exports declined 3.3% YOY in milk solids equivalent terms (MSE) in July. Cheese exports rose 3% YOY for the month, with most of the increase in shipments to SE Asia and China & HK. WMP exports also improved, up 34% YOY, but on minimal volumes. SMP...
Consumer Moods Dip in September
Australian consumers moods are wavering with the latest Westpac-Melbourne Institute consumer sentiment index down 3.1% to 95.4 in September. The decline follows lifts in mood in consecutive months since April as consumers continue to be concerned about the economic...
Production Input Costs Mixed
Dairy Australia’s Production Input Monitor shows water and fertiliser prices remain elevated, while feed costs are easing. Despite recent rainfall in July, August was dry across Victoria, Tasmania and South Australia. Water storages filled but remain well below 2024...
ABARES: Dairy Production Value to Lift
The Australian Bureau of Agricultural and Resource Economics (ABARES) expects average farmgate milk price to lift 8% YOY in 2025/26. The higher farmgate values are forecast to raise the value of milk production to $5.8bn for the season, up 7% on the season prior as...
Rainfall Lifts Water Availability
Recent rainfall across northern Victoria has lifted water available to irrigators in the region. Resource manager for northern Victoria Dr Mark Bailey updated to 2025/26 seasonal determinations in the Murray system from 53% to 60% high-reliability water shares (HRWS)...
Australian Milk Down 4% In July
Australian milk was down 4% YOY for the first month of the 2025/26 season. Victoria was down 5.1% YOY in July with the west of the state down 7.8%. Gippsland intake fell 3.2% YOY for the month while in the north collections were 3.3% down compared to July 2024. NSW...
Rain’s On The Way!
The Bureau of Meteorology (BoM) has released a three-month climate update which is full of rain across key dairy regions in eastern Australia and warmer than average days for northern, western and southeastern past of Australia. Rainfall is likely to be above average...
Australian June Milk Down 5.2%
June milk production declined 5.2% YOY, taking 2024/25 season intake –0.7% below the prior season. . Output in Victoria fell 6.4% YOY for the month as drought conditions in the south west reduced June output by 12.2% YOY. Gippsland intake was –5.6% YOY for the month...
Bega Improves Earnings
Bega group reported a 23% lift in normalized EBITDA for FY2025 mostly due to a margin turnaround in commodity products, which pushed past the $200m barrier to $202m, while sales revenue crept 0.5% higher YOY to $3.539bn. Net profit after tax (normalized) rose 74% to...
Australian Exports Down in June
Australian dairy exports declined 17.9% YOY in milk solids equivalent terms (MSE) in June. Cheese exports were down 22.7% YOY for the month, with most of the decline in shipments to Japan where volumes were lowest since Nov-23. SMP exports fell for the fifth...