Aussies love con­sum­ing dairy

New re­port finds sales across all cat­e­gories on the rise

North East & Goulburn Murray Farmer - - NEWS -

AUS­TRALIANS con­tinue to eat more dairy, but a drop in pro­duc­tion – thanks to on­go­ing drought con­di­tions – has been pre­dicted for the next 12 months.

So says Dairy Aus­tralia’s lat­est Sit­u­a­tion and Out­look re­port.

For many dairy farm busi­nesses, the 2018/19 sea­son has shifted from an out­look of re­cov­ery and growth to one of drought, feed short­age and ris­ing pro­duc­tion costs.

As a re­sult, the re­port has found it likely that there will be a na­tional milk pro­duc­tion - en per cent, com­pared with 2017/18 lev­els.

De­spite the drop, sales across the board have risen – with a .9 per cent in­crease in a 3.9 per cent in­crease in cheese sales, 4.9 per cent for cheese va­ri­eties.

The stand­out per­former was tra­di­tional yo­ghurt – which ex­pe­ri­enced a mas­sive 6.2 per cent rise in sales over the last 12 months.

“The tra­di­tional yo­ghurt cat­e­gory, in­clud­ing prod­ucts such as Greek yo­ghurt, saw im­pres­sive growth,” Dairy Aus­tralia se­nior in­dus­try an­a­lyst, John Drop­pert, said.

“These tra­di­tional yo­ghurts now rep­re­sent 41 per cent of to­tal cat­e­gory sales as con­sumers ap­pear to be opt­ing for prod­ucts that are per­ceived to be more healthy and nat­u­ral.

“Aus­tralian milk, cheese and yo­ghurt sales con­tinue to grow, with Aus­tralians pur­chas­ing 1.4 bil­lion litres of milk in su­per­mar­kets – up on last year.”

The re­port also found that, de­spite head­winds as­so­ci­ated with grow­ing milk pro­duc­tion in New Zealand, global dairy mar­kets have been favourable and ex­ports con­tinue to grow, with healthy de­mand from ma­jor mar­kets.

“De­mand has re­mained ro­bust, with dairy ex­ports from the six ma­jor ex­porters in­creas­ing 3.7 per cent over the past 12 months,” Mr Drop­pert said.

“Greater China and Ja­pan helped drive this growth, while de­mand from the Mid­dle East and North Africa time in over three years.”

Im­proved global com­mod- ity prices sup­ported value growth of Aus­tralian ex­ports up 12.7 per cent, to US $2.2 bil­lion.

The Sit­u­a­tion and Out­look re­port is re­leased three times a year, pro­vid­ing ex­pert, un­bi­ased anal­y­sis and in­sights into the lat­est na­tional and in­ter­na­tional mar­ket trends in the dairy in­dus­try, as well as up-to-date sta­tis­tics and facts.

The re­port is avail­able at www.dairyaus­tralia.com.au.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.