As farmers prepare for the season ahead, the Situation and Outlook report ensures farmers and the industry have access to current market insights and future projections to inform farm business decisions.
High costs have pressured Australian dairy farmers, resulting in lower milk production and low farmer confidence. Well-balanced global markets, exchange rates, competition among processors and autumn rainfall are all in dairy farmers’ favour. As dairy farmers look to take advantage of some of the highest farm-gate prices in recent years, grain, hay and water prices will be the key to profit.
Access episode six of Dairy Australia’s podcast to hear Dairy Australia Trade and Strategy group manager Charlie McElhone discuss key insights from the report with senior analyst John Droppert.