Dairy production to increase slightly as global supply continues to be constrained
Domestic demand is expected to remain robust with 2022/2023 farmgate prices ranging from $8.50–$9.80/kg MS with an average of $9.21/kg MS Dairy production is forecast to see a modest increase for the remainder of 2022 according to Rural Bank’s Australian agriculture mid-year outlook. An extended La Nina period has replenished water supplies and feed […]