by Freshagenda | Sep 7, 2022 | Australia, Forecast
The Australian Bureau of Agricultural Resource Economics and Sciences (ABARES) expects Australian farm exports to reach a record $70.3bn this financial year as global food prices remain elevated. Despite the higher forecast agricultural export value, rising farm input...
by Freshagenda | Sep 7, 2022 | Australia, Forecast
The milk pool is forecast to remain flat for the 2022/23 season, according to Dairy Australia’s latest Situation & Outlook report. Excessively wet conditions in some regions, high costs and critical staff shortages offsetting the incentive offered by historically...
by Freshagenda | Jul 6, 2022 | Australia, Forecast
Rural Bank is forecasting milk production increases for the remainder of 2022 as an extended La Niña has replenished feed supplies and water storages, while herd numbers are expected to stabilise or slightly decrease. While milk production is being curtailed by...
by Freshagenda | Jun 8, 2022 | Australia, Forecast
The Australian Bureau of Agricultural Resources Economics and Sciences (ABARES) is forecasting a winter crop of 50.9mt, the fourth biggest winter crop on record for Australia. ABARES tips 23.4m ha planted, slightly down on last season’s record but still ahead of...
by Freshagenda | May 4, 2022 | Australia, Forecast
According to Rabobank’s Australian Dairy 2022/23 Seasonal Outlook, dairy farmers are looking at another profitable season with record high milk prices and favourable seasonal conditions. Rabobank is forecasting a record indicative milk price of $8.40kgMS, 15% higher...
by Freshagenda | Mar 16, 2022 | Australia, Forecast
Rabobank senior dairy analyst Michael Harvey said recent severe flooding in northern NSW is expected to negatively impact milk production with milk production expected to return to growth in 2022/23. The latest Rabobank Global Dairy Quarterly Outlook notes stronger...
