by Freshagenda | Oct 18, 2023 | Australia, Prices
Australian farmland values reached an inflection point in 2023, with the median price for the first half up just 0.1% YOY according to Rural Bank’s Mid-Year update. It’s a sharp contrast to trends in the previous half-year periods, which featured median price growth...
by Freshagenda | Oct 4, 2023 | Australia, Prices
According to the 2022/23 annual Dairy Farm Monitor, average profitability in Victoria reached its second highest in 17 years in real terms, as 96% of respondents recorded a profit across Victoria. All regions in Victoria experienced challenges with higher input costs...
by Freshagenda | Sep 27, 2023 | Australia, Prices
Coles has lifted its own-brand milk prices by 10c to $1.70 for one litre of milk and $3.30 for two litres due to “ongoing cost increases in the supply chain.” A spokesperson said the supermarket was aware of the increased cost-of-living pressures faced by its...
by Freshagenda | Sep 6, 2023 | Australia, Prices
The consumer price index data with rose 4.9% in the 12 months to July 2023 according to the Australian Bureau of Statistics, down from 5.4% in the 12 months to June. Housing (+7.3%) and food and non-alcoholic beverages (+5.6%) contributed to the annual increase, while...
by Freshagenda | Aug 23, 2023 | Australia, Prices
Water allocations in the southern Murray Darling-Basin finished 2022/23 at the highest level in 16 years, with most major entitlements at or near full allocation. In the June quarter, allocations traded below $0 per megalitre, but have since bounced back ahead of the...
by Freshagenda | Aug 9, 2023 | Australia, Prices
Retailers have hiked prices for milk with prices rising to $6.50 for a three-litre milk at some retailers. Years of offering home-brand milk at $1 per litre ended in 2019 when Woolworths lifted home-brand milk prices by 10c per litre, promising to give the extra 10c...