Milk production snapshot: US, Australia and New Zealand

Australian milk production is on the up, with output now seeing 3 consecutive months of year-on-year growth. February output was 0.6% higher than the same month last year, according to Rabobank. A Rabobank report released in April, Australia Agribusiness Monthly, states that despite this recent momentum, national production remains 1% lower season to date at 5.880 billion litres. The recent improvement has been driven mainly by New South Wales and Tasmania, where favourable seasonal condition