Domestic Market Updates
Track Australian dairy market updates for some of the latest developments in production, trade and retail sales.
Australian Butter Production Lifts, Drinking Milk Sales Dips
Australian September Milk Production Lifts
National milk production rose 1.8% year-over-year in September 2026, with season-to-date (July–September) output up 2.2% from the same period last year, according to the latest data from Dairy Australia. Victoria’s milk production edged up 0.5% YOY for the month and...
Higher Inflation in September
Australia’s inflation increased more than expected to 4.3% in September (up from 4% in August) to the highest level since March, fuelling expectations the RBA will have to increase interest rates for the fifth time this year. Transportation inflation accelerated, but...
Dairy Urges Parliament to Scrap EU-Aus FTA
The Australian Dairy Industry Council (ADIC) urged Parliament to reject the proposed Australia–EU free trade agreement in its current form, arguing it offers insufficient reciprocal market access. Australia imported $858 million in European dairy products in 2025–26...
Australian Weather Outlook
The latest long-range climate outlook from the Bureau of Meteorology for November to January is for above average rainfall in parts of the of the east and below average rainfall in parts of the southeast. Temperatures are very likely to be above average for most of...
August Milk Production Climbs
Australia’s milk output rose +0.8% year-over-year in August, taking season-to-date output +2.5% ahead of the prior-year comparable. August production was mixed across states. In Victoria, output declined -1.2% YOY for the month, with production down in Gippsland...
Cow Culling Continues to Fall
Saleyard transactions of dairy cow culls, as reported by the National Livestock Reporting Service (NLRS), fell 21% YOY in September and generally declined since Mar-25 as farmers were incentivised to retain cows due to improved operating conditions. In the first three...
Victorian Dairy Farm Profitability Increases
In its 20th Dairy Farm Monitor Project report, Agriculture Victoria and Dairy Australia reports Vic dairy farm profitability improved in 2025-26 as improved seasonal conditions and higher milk prices lifted average EBIT to $2.81/kgMS and return on total assets to...
Australian Consumer Confidence Falls
Australian consumer sentiment fell 4.7% to a reading of 80.4 in October. Westpac said the reading is among the forty worst reads since the survey commenced in the early 1970s. Consumers are primarily concerned with cost-of-living, higher fuel prices and interest...
Calls for Clear Origin Labelling
Victorian dairy and horticulture leaders are calling for clearer, more prominent country-of-origin labelling on supermarket packaging and online. United Dairyfarmers of Victoria acting President Mark Billing says Woolworths recently changed the supplier of its...