Australian dairy proves resilient in the face of pandemic

Farmgate milk prices remain on the high side across much of the world, and at near-record levels for Australian dairy farmers, according to a new Rabobank report. Australian dairy farmers have positive farm margins and most are experiencing healthy on-farm profitability, says Rabobank’s senior dairy analyst, Michael Harvey. Near-record milk prices, affordable purchased feed prices and supportive seasonal conditions have set many Australian farmers up for positive trading conditions ahead. The