Report 1 – Released on January 6, 2022

AUSTRALIA:

A wet spring in Australia has helped with feed growth. More recent heavy rain hascomplicated harvesting feed. Higher costs for fertilizer cause some concern forprofitability. Farm labor shortages persist. Cow milk yields are noted to be adverselyaffected by wet and cold weather. As the current milk season moves forward, seasonalproduction is considered less likely to increase over last season.

NEW ZEALAND:

One of the larger New Zealand dairy processors has increased the milk pay price to what iscategorized as a record level for that processor. Strong demand for milk is what is said tohave resulted in the increased price. The current demand is also reflected in farm saleprices. The median price per hectare for New Zealand dairy farm sales has been reported tobe rising.

 Information for the period December 27, 2021 -  January 7, 2022, issued biweekly

Secondary Sourced Information:

Seasonal milk production in Australia on a liters basis July-November 2021 decreased 0.8percent from July-November 2020 and decreased 0.9 percent from July-November 2019 accordingto DCANZ and CLAL. November 2021 liters registered 2.45 percent below November 2020. Annualmilk production in Australia on a liters basis January-November 2021 decreased 0.8 percentfrom January-November 2020 and decreased 0.9 percent from January-November 2019 accordingto Dairy Australia and CLAL.

Australian exports of bulk and packaged milk January-October 2021 increased 26.5 percentfrom January-October 2020 according to CLAL data made available to USDA. The greatestincrease during the period was bulk and packaged milk exports to China, which increased73.3 percent, and are greater than total exports to the next nine export destinationscombined.

Seasonal milk production in New Zealand on a tonnage basis June-November 2021 decreased 1.5percent from June-November 2020 and decreased 4.0 percent from June-November 2019according to DCANZ and CLAL. November 2021 tonnage was 2.92 percent below November 2020.

Seasonal milk solids production in New Zealand on a kg basis June-November 2021 decreased1.2 percent from June-November 2020 and decreased 3.9 percent from June-November 2019.New Zealand exports of bulk and packaged milk January-November 2021 increased 13.5 percentfrom January-November 2020 according to CLAL data made available to USDA. The largest exportcustomer for bulk and packaged milk is China, increasing 21.91 percent.

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

     Additional Dairy Market News Information:
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