Australian Exports Up In December

Australian Exports Up In December

Australian exports rose 27.5% YOY in December, in milk solids equivalent terms. Export volumes have increased YOY in every month since December 2023. Cheese exports rose 24.7% YOY in December, with the monthly volume the highest since Jan-18, mostly due to stronger...
Australian Exports Up In December

Fonterra Milk Supplies Lift

Fonterra’s Australian milk intake rose , up 1.5% YOY in December to 11.0m kg of milk solids. The increase was due to continued strong production in Northern Victoria, with feed and irrigation water availability ’relatively unconstrained’. Season-to-date milk...
Australian Exports Up In December

Aus Milk Down 1% In December

Australian milk production was down 1% YOY in December, putting season-to-date output 0.9% ahead of the prior year comparable. Victorian milk was -0.2% YOY in December as the dry conditions in the west, combined with warmer temperatures dragged on production,...
Australian Exports Up In December

Small Increases In Water Entitlements

The Resource Manager for northern Victoria updated the 2024/25 seasonal determinations. The Campaspe system seasonal determination increases from 47% of low-reliability water shares (LRWS) to 48% LRWS, in addition to 100% of high-reliability water shares (HRWS). The...
Australian Exports Up In December

Australian Herd Shrinks 1.2% In 2023/24

The number of Australian dairy farms fell to 3,889 in 2023/24 down from 4,163 the prior year. The number of cows fell 1.2% to 1.33m, giving an average herd size of 342 according to Dairy Australia’s (DA) In Focus report for 2023/24. Cheese continues to be the major...