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...
by Freshagenda | Mar 7, 2024 | Australia, Forecast
Australian milk production will lift 1.8% to 8.3bn litres in 2023/24 as higher yields offsets the effect of a smaller herd. That’s according to the March 2024 Agricultural Commodities report from the Australian Bureau of Agricultural and Resource Economics and...
by Freshagenda | Dec 13, 2023 | Australia, Forecast
The latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) projects total Australian winter crop production to fall 33% compared to last year’s record output of 46.1mt. The forecast is slightly below the 10-year...
by Freshagenda | Dec 6, 2023 | Australia, Forecast
Australian milk production is likely to remain steady for 2023/24 according Dairy Australia (DA). Despite El Niño conditions drying out some regions, but DA point to reduced cow culling and live heifer exports as supportive of milk production. Season to date...
by Freshagenda | Oct 11, 2023 | Australia, Forecast
The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) estimates farm incomes in Australia will fall 41% on average across the country’s broadacre farms in 2023/24. Nationally, farm incomes are forecast to average $197,000, falling in a...
by Freshagenda | Sep 13, 2023 | Australia, Forecast
There is a mixed outlook for the winter crop which is forecast to fall by 34% to 45.2mt in 2023/24 according to the Australian Crop Report from ABARES, an upward revision from the June forecast but below the 10-year average to 2022/23 of 46.4mt. Wheat production is...
