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Latest Situation & Outlook Report now available

 

The October S&O highlights that while the feed shortage will have implications on milk flows, the Australian market for dairy products has remained stable, with key product categories showing growth, pointing to ongoing and strengthened support for dairy among the Australian public.

 

Western Australia experienced favourable conditions for pasture growth and fodder making in spring 2017. A thunderstorm in mid-January 2018 assisted irrigators with summer production. Most of the west coast experienced a good autumn break before Anzac Day but then a five to six week dry period, followed by a very wet winter.

 

A lot of farmers have described this season as a particularly challenging one. South coast farmers, particularly around Denmark and Scott River, have never experienced such a difficult start to the season.

 

Grain prices were a lot higher for the year and continued to rise in June 2018. Fodder prices increased quickly due to the dry start across WA. Feed prices and availability came under more pressure as the sheep and cattle markets improved. The milk price remained stable in 2017/18.

 

Through Situation and Outlook reports, Dairy Australia ensures farmers and the industry have access to current market insights to inform decision-making and strategic direction.

 

Download the report here: Situation & Outlook Report

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