The Australian dairy industry is going gangbusters thanks to Asian demand
Australia’s dairy farmers are in a good mood with the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) annual conference, Outlook 2015, predicting growth in milk production and farm gate prices in the year ahead.
Australian #Dairy, Beef Farmers Advised to Brace for 2014 El Niño Impacts
With the chance of the 2014 El Niño weather phenomenon still going, dairy and beef farmers in Australia have been advised to brace for potential impacts on the industry. Dairy farmers in Victoria have been urged to seize the winter season and start planning and coordinating a feed strategy. «Each individual pocket of the state can have […]
Balanced view required in light of #Fonterra price dip, IFA
While this week’s Fonterra auction result saw a 5.2 per cent price reduction compared to the previous auction, Abares, the Australian government’s agricultural research body, has predicted strong dairy prices into 2014 and 2015, the Irish Farmers Association (IFA) is keen to point out.
Funding drought curbs Australia's "food bowl to Asia" ambitions
Australia’s lofty ambitions to become a «food bowl» for a rapidly growing middle-class in Asia are in danger of falling at the farm gate due to the country’s harsh, drought-prone climate and a lack of investment in agricultural innovation.
Global appetite buoys #dairy
NO SOONER had last year’s agricultural outlook conference reported a sobering slump in dairy demand and farmgate earnings, compounded by high fodder costs in Australia, the world ran out of milk sending markets shooting up as much as 33 per cent.
#Dairy rollercoaster is on a price high
Dairy farmers have been on a roller coaster ride, from a horror year last year to near record prices this year.
Expect more agri deals: #Saputo adviser
THE banker who led Canadian giant Saputo to victory in the $530 million battle for Warrnambool Cheese and Butter (WCB), Rothschild managing director Sam Prentice, says the deals will keep coming in dairy and hopes Rothschild will help Saputo build its Australian position.
#Dairy and meat exports to boost farm earnings
High global dairy prices and demand for Australian beef and lamb are expected to lead farm export earnings to record levels this financial year.