Oceania Dairy Market Overview on second half of may 2019

Report 21 – Released on May 23, 2019

AUSTRALIA:

Seasonal milk production in Australia, July 2018 through March 2019, is 6.7 percent lower than last year. March 2019 is 10.6 percent lower than March 2018. This table displays Dairy Australia data July through March.

AUSTRALIA MILK PRODUCTION, MILKFAT and PROTEIN

                            July 2018-March 2019     March 2019

                            Million Percent Change       Percentage
     State                  Liters  From 1 Year Ago  Milkfat    Protein

     New South Wales         779.7      -10.0           4.03      3.26
     Victoria              4,363.5       -8.2           4.57      3.48
     Queensland              277.9      -10.5           4.09      3.30
     South Australia         385.8       +0.8           4.07      3.31
     Western Australia       287.0       -2.6           4.10      3.23
     Tasmania                728.5       +2.9           4.73      3.60
     Australia (Total)     6,822.3       -6.7           4.44*     3.43**

     *  +1.7 percent from prior year period
     ** -0.5 percent from prior year period

     Data from Dairy Australia
NEW ZEALAND:

Dairy producers are evaluating a new fixed milk pay price program offered by a large cooperative in New Zealand. There are terms and costs associated with the price certainty the program will offer. This is a new option so it is being carefully considered by producers.

As swine flu in China continues to be monitored, concerns are increasing in New Zealand as to impacts on the dairy industry. As a significant exporter to China, this is an important topic in New Zealand. China is a large importer of dairy products used to feed pigs. Lower demand for feed in China will, thus, reduce Chinaśs need for dairy derived animal feed. That is a matter of increasing worry in New Zealand.

Information for the period May 13 - 24, 2019, issued biweekly

     Published by:
     Dairy Market News - Madison, WI
     Eric Graf, 608.422.8590
     Email: Eric.Graf@usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: http://www.ams.usda.gov/market-news/dairy
     DMN Database Portal: http://www.marketnews.usda.gov/mnp/da-home