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Dairy Update November 2017

Dairy Update November 2017

Categories: Dairy, Commodities, Weather

The latest Ag Answers Australian Dairy Update has been released, showing that despite softening global dairy prices, the volume of Australian milk powder exports have increased 16.5 per cent year-on-year - for the July to August period - due to increased demand from Malaysia and China.

Rural Bank’s Ag Answers team is now forecasting a 43 per cent increase year-on-year in the volume of Australian milk powder imported by China for the calendar year of 2017.

Download the report (PDF, 692kb)

Source: Rural Bank

 

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