34% of dairy farms predicted to have negative farm cash income
MORE than a third of southeastern Australia’s dairy farmers are expected to be in the red this year.
Australian milk production lowest in two decades
AUSTRALIAN milk production is likely to be the lowest level in more than 20 years, says the nation’s government agricultural forecaster.
Fixating on the milk price is distracting the dairy industry from its own decline, expert says
A leading dairy figure is warning the Australian industry needs to address underlying issues affecting farm profitability, rather than fixating on milk prices.
Opening milk prices under fire
Rabobank senior dairy analyst Michael Harvey says it is still his organisation’s view that as the year progresses, there will be upside based on global dynamics.
Opening southern milk prices under fire
THE decision by southern milk processors to err on the side of caution with their opening milk farmgate prices has been criticised by producers as an unwillingness to take any risk in order to move the dairy game in Australia forward.
ABARES report: Glut to dampen skim milk powder exports
PRODUCTS that make up about 40 per cent of Australia’s dairy exports will be affected by global oversupply and lack of demand in coming years, the Australian Bureau of Agricultural and Resource Economics and Sciences says.
Milk farmgate prices to rise
THE big declines in Australian milk production should turn the corner in the next financial year courtesy of improving farmgate milk prices, the trend towards low-cost grain and concentrate feeds and yield improvements. By Shan Goodwin.
ABARES commodities report: Dairy price rise before dip again
DAIRY incomes and production are set to rise, before another price correction in three years, according to the Australian Bureau of Agricultural and Resource Economics and Sciences. By SIMONE SMITH.
Australia cuts 2016/17 milk output forecast by 3 percent
Australia said it expects milk production in 2016/17 to fall 3 percent short of previous estimates as slaughter of animals in the country due to weaker farm-gate prices curbs supply.
Dairy sector says Energy White Paper fails to deliver cost savings to dairy farmers and processors
The $13 billion dairy industry is disappointed the Energy White Paper fails to deliver for its energy intensive sector.