Situation and Outlook Report
Dairy Australia is the Australian dairy industry’s go-to source for the latest international and domestic market trends, statistics and facts, providing expert analysis and unbiased insights.
The latest Situation and Outlook report describes how one of the best autumn breaks of recent times has supported a recovery in national milk production and boosted dairy farmer confidence in many regions, against a backdrop of uncertainty in dairy markets from COVID-19.
After a challenging start to the season national milk production has increased year-on-year for the past five months to April. The milk production recovery remains localised and is mainly driven by strong growth in Tasmania and Victoria. Challenges remain for farmers in some areas after two years of dry conditions and high costs.
Despite generally improved seasonal conditions, Australia is not immune to the growing headwinds facing global markets. Internationally, the spread of COVID-19 has slowed exports, upset global markets and saw commodity prices drop. Whilst the initial panic that followed the outbreak has begun to settle, global dairy demand remains under pressure.
Situation and Outlook Report June 2020(14 August 2020)PDF, 5.54 MB
In the latest episode of DairyPod, Dairy Australia’s John Droppert discusses insights from the latest Situation and Outlook report, including key factors affecting Australian dairy farmers and how world markets are shaping up amid COVID-19.
National Dairy Farmer Survey
Australian retail market
Following the outbreak of COVID-19, retail sales of dairy products surged, as consumers stocked up pantries and fridges in preparation for restrictions. In Australia the retail sector usually accounts for a larger share of national dairy consumption which resulted in a temporary overall increase in dairy sales at the start of the pandemic.
Disclaimer: Nielsen Homescan based on a continuous panel of 10,000 households; excludes non-private dwellings & businesses, non-permanently occupied households & out-of-home/impulse purchasing. DAIRY AUSTRALIA calculation based in part on data reported by Nielsen through its Homescan Service for the dairy category for the 4-week period 22/03/2020, for the total Australian market, according to the Nielsen standard product hierarchy. Copyright © 2020, The Nielsen Company.