Rabobank Analyst Michael Harvey: “The Australian liquid milk export sector has continued to perform strongly in recent years, despite dwindling milk supply.” Photo: Rabobank
The liquid drinking milk market is of key importance to Australia’s dairy sector, according to a new Rabobank industry report. Domestic retail pricing has improved and there are opportunities for further export growth. Australia’s liquid milk industry has struggled with a number of challenges in recent years. The big retailers in the country were discounting drinking milk. Retailers are a major pillar for Australia’s dairy sector, accounting for 30% of milk production and generating
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