The latest Situation and Outlook Report from Dairy Australia reveals the industry has steadied over the 2025-26 year, although global uncertainty is threatening late season gains.
It confirms a strong turnaround in milk production, which was down 2.4% year-on-year in October, before improving to be only 0.7% lower in March.
The report also coincides with the release of the National Dairy Farmer Survey which found heightened optimism and increased expansion plans over the survey period.
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Dairy Australia’s Analysis and Insights Manager, Tom Youl, said conflict in the Middle East and several other factors will continue to shape farmers’ prospects over the coming months.
