by Freshagenda | Sep 12, 2024 | Australia, Forecast
The latest Westpac-Melbourne Institute Consumer Sentiment index slipped 0.5% to 84.6 in September, from 85.0 in August. Westpac said consumer pessimism continues to dominate as it has done for the past two years, however, focus is shifting. Cost-of-living pressures...
by Freshagenda | Sep 12, 2024 | Australia, Forecast
Rural Bank expects milk production to decline marginally to 8.3bn litres in 2024/25 compared to the prior season. According to the bank’s latest outlook, seasonal conditions have been positive in eastern states with good pasture growth and steady fodder costs....
by Freshagenda | Sep 5, 2024 | Australia, Forecast
Rabobank expects Australian milk output to grow 1.5% YOY in the 2024/25 season. Milk output rose 3.1% YOY in the 2023/24 with all states and regions recording growth, except Western Victoria where dry conditions constrained production. RaboResearch senior dairy...
by Freshagenda | Aug 22, 2024 | Australia, Forecast
Dairy Australia expects national milk production to drop slightly to 8.3 billion litres in 2024/25. Lower farmgate milk prices, weather and economic challenges are behind the fall....
by Freshagenda | May 16, 2024 | Australia, Forecast
The Resource manager for northern Victorian water systems has updated the outlook for 2024/25 seasonal determinations. Reserves established in water storages during 2023/24 provided a strong foundation for carried over allocation and 2024/25. The opening determination...
by Freshagenda | Mar 21, 2024 | Australia, Forecast
Australia’s milk supply will end the current season 2.6% ahead of the prior season according to Rabobank while 2024/25 intake is expected to grow in the range of 3-4%. Favourable weather conditions with record rainfall from the spring and into January 2024 are...
