Oceania Dairy Market Overview at the End Of October 2019
Report 43 – Released on October 24, 2019
AUSTRALIA:
Milk production in Australia is near the seasonal peak. With the slow start to the season, once the imminent seasonal decline begins, it is considered quite unlikely for seasonal results to even match last season, much less increase. This has resulted in disappointing seasonal production so far, and exports of butter, cheddar, skim milk powder and whole milk powder.
Northern Australia has limited hay availability. Dry conditions have affected new season hay. There are shipments of hay into the region from other regions. Many dairy producers are apprehensive that hay demand will exceed regionally produced supply. New season hay is beginning to reach market in Southern Australia. With very limited carryover stocks, that is welcome. In Western Australia, hay yields are disappointingly low and the crop is behind the expected schedule.
NEW ZEALAND:
Most pastures are in good condition in New Zealand. Warmer temperatures are encouraging forage growth. There are always concerns about potential dry weather later in the season, but that is not an active matter of concern right now. The seasonal milk production so far has helped keep dairy manufacturing plants busy. Most plant schedules are very full right now. Milk intakes are about as high as they will be. Many whole milk powder plants are near capacity.
Information for the period October 14 - 25, 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: https://www.ams.usda.gov/market-news/dairy
DMN MARS (My Market News): https://mymarketnews.ams.usda.gov

