Consumer Sentiment Slide

Consumer Sentiment Slide

Dim views on the near-term outlook are negatively affecting the Westpac-Melbourne Institute Consumer Sentiment, which fell 1.7% to 92.9 January. Concerns about what 2026 has in store for family finances and the wider economy are dragging down the index. Expectations...
Cow Culling Declined

Cow Culling Declined

Saleyard transactions of dairy cow culls as reported by the National Livestock Reporting Service (NLRS) increased 18% YOY for the season-to-date (July-December). December alone was -7% YOY. The saleyard average price peaked in November at 370c/kg liveweight before...
Consumer Sentiment Slide

Consumer Moods Decline

The Westpac-Melbourne Institute Consumer Sentiment Index dipped 9% to 94.5 in December, after rising to 103.8 in November. The index has zig-zagged over the past few months but will conclude 2025 in cautiously pessimistic territory—an improvement from the prolonged,...
DA: Fewer Farms, Less Milk in 2024/25

DA: Fewer Farms, Less Milk in 2024/25

The latest In Focus publication from Dairy Australia shows interesting but not surprising trends across the dairy industry. The report reveals Australian farmgate milk prices remained high, averaging $9.35kgMS in 2024/25. The price eased from the two prior seasons,...
DA: Fewer Farms, Less Milk in 2024/25

Rainfall Lifts Water Availability

Early November rainfall increased flows into water storages with more water allocated. According to Northern Victoria resource manager Dr Mark Bailey, rainfall lifted the seasonal determination to 100% high-reliability water shares (HRWS) in the Murray system, up from...
DA: Fewer Farms, Less Milk in 2024/25

Australia’s Push For EU Trade Agreement

continue talks with EU Trade Commissioner Maros Sefcovic in Melbourne this week. The Australia-EU trade deal was abandoned in October 2023 after it failed to deliver meaningful access for agriculture. Farmer organisation National Farmers’ Federation (NFF) and industry...