Domestic Market Updates 

Australian retail turnover reached $39.13bn in July, a 6.6% YOY increase, an 8-month high and well-above long-term trends. The positive results likely reflect good weather for the month and were helped by the FIFA World Cup. Total food sales reached $15.38bn, up 5.5%...

Australian headline inflation eased to 3.5% in July from 3.8% in June, coming in above economists’ expectations. Underlying inflation remains high at +3.6% annually, while the monthly trimmed mean rose 0.5%, increasing concerns that inflation is not returning quickly...

Bega Group reported FY26 statutory EBITDA of $202.3m, up 22%, while normalised EBITDA increased 12% to $225.6m. Branded EBITDA rose 8% to $220.7m. This was supported by strong yoghurt, milk beverage and white milk volumes, growing demand for high-protein and ‘better...

Australian consumer sentiment improved 6% to 88.9 in August, following the RBA’s decision to hold interest rates. The strongest improvement was among mortgage holders. However, sentiment remains firmly pessimistic and below last year’s levels, with ongoing economic...

In its newly released report on milk protein scarcity, RaboResearch says the Australian dairy industry must increasingly focus on maximising value from scarce milk protein. With limited milk supply, future export growth is likely to shift its focus to higher-value,...

Saleyard transactions of dairy cow culls, as reported by the National Livestock Reporting Service (NLRS), were flat YOY in the 2025/26 season (July-June). July-26 alone declined 27% YOY, the fourth consecutive monthly fall as farmers were incentivized to retain cow...

Woolworths is phasing out its Farmers’ Own milk brand, with the product already withdrawn from South Australian stores and set to disappear from stores in NSW, Queensland, Victoria and WA by mid-2027 as supplier contracts expire. Farmers supplying the brand are being...