Dairy Australia's information shows no surprising change in production or in demand.
Among the noteworthy changes are:
- A 21.4 % annual increase in the volume of milk exports. There was a corresponding increase of 19.7 % in the value of these exports from last year (July 2014 - June 2015) to this year (July 2015 - June 2016).
- A 63.4 % annual increase in the value of whole milk powder exports. This increased value was obtained with just a 2.4 % increase in the volume of these exports from last year (July 2014 - June 2015) to this year (July 2015 - June 2016).
The inside story of how the dairy industry has bled milk farmers dry, next on #4Corners #dairycrisis pic.twitter.com/oWd0ZbPTvA— Sally Neighbour (@neighbour_s) August 15, 2016
"we can't afford to pay for our bills. My husband, since 2014, has tried to commit suicide a number of times" https://t.co/QQaWyEzxmv— Leigh Radford (@CaptainRural) 14 August 2016
Milk production (millions of litres)
Production fell slightly in 2015/16. A collapse in price can't be explained by an increasing supply.
Dairy Export Report - June 2016
Exports increased in volume and in value...
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