Displaying items by tag: Australia

Embattled Australian dairy co-op Murray Goulburn says it is willing to work with other processors on a commodity milk price index.

International dairy commodity prices have recovered markedly in recent months, as global supply and demand slowly balance, according to Dairy Australia’s latest Situation and Outlook report.

Lamb producers in Australia appear to be faring much better than their New Zealand counterparts, with falling numbers and growing demand hiking prices.

With Australian farmers focussed on the big wet across the country’s south, let’s look at the background -- how the dairy market is behaving, and what it means for farmgate prices.

Victoria dairy farmer Ian Goodin spent countless hours preparing a 100-page application for the Australian Government’s farm household allowance (FHA) only to be told he is not eligible.

Strapped Australian milk processor Murray Goulburn (MG) says it has lost 300 million litres of milk this season -- about 8% of supply -- through suppliers opting out of the co-op.

Managing ewes for maximum survival and profitability is underpinned by four key profit drivers, says Australian livestock consultant San Jolly.

Australia's milk production is set to fall significantly in the 2016-17 season due to the damage caused to farm cashflows and industry confidence after the late cuts to milk prices in April this year.

Twenty-seven dairy farms in Australia will be put under the microscope in an effort to prove a link between genetic merit of animals and onfarm performance.

When an email from Fonterra came through announcing a step down in milk price, Australian farmer Adam Nelson knew the writing was on the wall.