Dairy Australia much more upbeat

Dairy Australia much more upbeat

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...
Dairy Australia much more upbeat

January milk lifts 4.9%

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...
Dairy Australia much more upbeat

Australian exports rebound in December

Australian exports were up 0.2% in the first six months of the 2023/24 season in milk solids equivalent (MSE) , led by increases in cheese, milk powders, butter and dry whey. Cheese exports rose 10.6% YOY in December– this mostly reflected stronger sales in China...
Dairy Australia much more upbeat

Milk intake rose in December

Milk output rose 2.2% YOY in December with production lifting across all states for the month on weak year-ago comparables. Production for the 6-month period was 2.1% ahead of the prior year period. In Victoria, production was up 1.2% YOY for the month, with...
Dairy Australia much more upbeat

Milk output rose in November

Milk output rose 6.3% YOY in November against low comparables in Victoria, NSW and Queensland. November 2022 production was down 10% YOY nationally. Season to date output is tracking 2.1% ahead of the prior year, according to Dairy Australia data. November production...