by Freshagenda | Jul 3, 2025 | Australia, Forecast
The Murray irrigation system will start the season at 39% of high-reliability water shares (HRWS). The Goulburn and Loddon systems will each start with 31% HRWS, while the Broken and Bullarook systems will begin at 0%. The Campaspe system will start with 100% HRWS....
by Freshagenda | Jun 19, 2025 | Australia, Forecast
Australian milk production will decline to 8.6mt in 2025 following a 2.3% increase during 2024 according to the latest USDA GAIN report. The expected contraction this year is due to dry weather conditions in Southwest Victoria and South Australia, which will only...
by Freshagenda | Feb 13, 2025 | Australia, Forecast
There’s not much of a case for reducing farmgate milk prices in the coming season, according to Rural Bank’s February Update. Global dairy prices continue to lift with the GDT Index 17% above prior year and Fonterra New Zealand recently lifted its forecast...
by Freshagenda | Jan 23, 2025 | Australia, Forecast
Australia’s wheat production is estimated at 32 mt for 2024/25 based on receivals data. This is the third largest crop on record, 20% above the 10-year average and despite tough seasonal conditions across southern Australia. Wheat quality is reportedly lower than...
by Freshagenda | Dec 5, 2024 | Australia, Forecast
Dairy Australia (DA) continues to forecast a slight drop in national milk production to 8.3bn litres in 2024/25. While output has been ahead so far this season, drier conditions, reduced incomes and longer-term challenges around labour and farm exits will constrain...
by Freshagenda | Oct 10, 2024 | Australia, Forecast
latest monthly Rural Bank Insights commodity reports highlight lower yield expectations for crops and milk production. National wheat production for is tipped to fall to around or below 30mt for the 2024/25 season. Frost damage and dry weather at the beginning of...