Supportive markets, ongoing challenges

摘要

Australian farmers have entered a season of record farmgate milk prices that is weighed down by high input costs and a dry weather outlook for the remainder of the year.For many farmers in southern Australia, good early-season rainfall has provided a head start on pasture growth and fodder conservation, but those in drought-affected areas further north are facing a second season with few palatable options.As milk processors grapple with how to secure required milk flows, dairy commodity prices have remained more buoyant than many previously anticipated. Dairy Australia's recently released Situation and Outlook report discusses how well-balanced supply and demand fundamentals have kept prices on an even footing.