by Freshagenda | Mar 14, 2024 | Australia, News
Coles CEO Leah Weckert has conceded the retailer wants to shift the conversations on prices with suppliers as commodity values decline. Consumers expect prices to come down in the supermarket aisles as commodity values fall and Weckert expects the entire supply chain...
by Freshagenda | Mar 7, 2024 | Australia, Volume trends
Better than expected weather conditions and a supply-led rebound in commodity values have fed current optimism, lifting current season milk production 1% against flood-affected comparables. Reduced on-farm debt has reduced exposures to high interest rates, while...
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 | Feb 29, 2024 | Australia, Volume trends
Milk production rose 4.9% YOY in January, bringing season-to-date production 2.5% ahead of the prior year, according to Dairy Australia. Victorian production lifted 5.7% YOY in January, taking output 1.8% ahead of the prior year on comparable. Strong growth...
by Freshagenda | Feb 29, 2024 | Australia, Weather
The Bureau of Meteorology’s (BoM) latest long-range forecast for March to May is for warmer than-usual days and nights across most areas with neutral outlooks for the dairy regions. Rainfall has a 60 to 80% chance of being below median for the period for most of...