Australia: Dairy and Products Annual

  |   Attaché Report (GAIN)

The overall outlook for the dairy industry in Australia for 2014 is generally positive with milk production expected to increase by two percent. The August industry survey estimated overall industry confidence at 73 percent; a significant increase from the 44 percent recorded in February, which is attributed to the improvement in farm gate prices, the reduction in the Australian dollar and more favorable seasonal conditions.

Australia: Dairy and Products Annual

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